Compounded daily on savings accounts

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Reference no: EM131047316

Gold Door Credit Bank is offering 7.2 percent compounded daily on its savings accounts. You deposit $5,600 today. How much will you have in the account in 4 years? How much will you have in the account in 12 years? How much will you have in the account in 19 years?

Reference no: EM131047316

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