Business, 30.10.2020 17:20 reaunnatowns

Suppose you deposited $1,000 in a credit union that pays a nominal rate of 7% with daily compounding and a 365-day year. How much could you withdraw after nine months, assuming this is three-fourths of a year? a. $1,011.02
b. $1,053.90
c. $ 951.27
d. $1,073.56
e. $ 980.69

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Suppose you deposited $1,000 in a credit union that pays a nominal rate of 7% with daily compounding...