Mathematics, 05.12.2021 01:10 michellestepp2001

In 1774, a man loaned an army $444,671 in gold and supplies. Due to a disagreement over the method of repayment, he was never repaid, dying penniless. In 1982, his descendants sued the government over the 208-year-old debt. If they used an interest rate of 5% and daily compounding, how much money did the family demand in their suit? (Hint Use the compound interest formula with n= 360 and t=208 years.) 1 Click the icon to view some finance formulas. Choose the correct answer below, rounding to the nearest dollar. O A. $15,349,739,415 B. $14,601,174,484 O C. $16,136,681,359 OD. $13,889,115,023

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In 1774, a man loaned an army $444,671 in gold and supplies. Due to a disagreement over the method o...