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Fowler Credit Bank is offering 6.1 percent compounded daily on its savings accounts. You deposit $4,500 today.

How much will you have in the account in 6 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

 Future value $   

How much will you have in the account in 11 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

 Future value $   

How much will you have in the account in 18 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

 Future value $

Financial Management, Finance

  • Category:- Financial Management
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