If you invest one cent on november first at a daily rate of interest of 100% for 30 days, what would be the value of your investments on December 1st of the same year?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
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Problem 12E
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If you invest one cent on november first at a daily rate of interest of 100% for 30 days, what would be the value of your investments on December 1st of the same year?

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