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Calculate what $730 would grow to at 6% per year compounded daily for 7 years. (Use Table 122) (Round your answer to the near
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Answer #1

Answer :- $1110.99

Explanation:-

We use this table and we see that for 6% and 7 Years

Interest on $1 is 1.5219  then for $ 730

$730*1.5219 =  $1110.99

There fore Amount is = $1110.99

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