Future value-compounded daily on its savings accounts

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Reference no: EM131495636

Fowler Credit Bank is offering 6 percent compounded daily on its savings accounts. You deposit $4,400 today.

How much will you have in the account in 4 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

How much will you have in the account in 12 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

How much will you have in the account in 19 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

Reference no: EM131495636

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