kevin379443 kevin379443

25-11-2021
Mathematics

contestada

Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily. What is the first day's interest? Round to the nearest cent.

Respuesta :

Ywilson1505 Ywilson1505

25-11-2021

Answer:

The interest is $0.03

Step-by-step explanation:

($720*0.014)/365

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