Mathematics, 29.04.2021 18:30 merrickrittany

Colton is going to invest $59,000 and leave it in an account for 10 years. Assuming the interest is compounded daily, what interest rate, to the nearest hundredth of a
percent, would be required in order for Colton to end up with $94,000?

Answers: 1

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Colton is going to invest $59,000 and leave it in an account for 10 years. Assuming the interest is compounded daily, what interest rate, to the nearest hundredth of a percent, would be required in order for Colton to end up with $94,000?

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Colton is going to invest $59,000 and leave it in an account for 10 years. Assuming the interest is compounded daily, what interest rate, to the nearest hundredth of a
percent, would be required in order for Colton to end up with $94,000?