Josh has 1200 dollars which he invests at 4% interest compounded daily. Represent how much he has after seven years.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 7SC
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Josh has 1200 dollars which he invests at 4% interest compounded daily. Represent how much he has after seven years.

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