How much interest will you have earned after seventeen years

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Problem: Each day, you deposit $4.11 into a bank account whose annual rate is 3% with daily compounding. How much interest will you have earned after seventeen years?

Reference no: EM133615988

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How much interest will you have earned after seventeen years : Each day, you deposit $4.11 into a bank account whose annual rate is 3% with daily compounding. How much interest will you have earned after seventeen years?

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