How much money will be in the account after 8 years

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Reference no: EM133715728

Question 1. If you deposit $922 at 3.72% annual interest compounded daily, how much money will be in the account after 8 years? (Assume that there are 364 days in a year)

Question 2. Suppose you deposit $140 today, $119 in one year, and $865 in two years in an account that pays an annual rate of interest of 10.79%. How much money will be in the account after three years?

Reference no: EM133715728

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