Mathematics, 13.04.2020 20:26 mawawakaiii

A bank offers an investment account with an annual interest rate of 1.41% compounded daily. Salma invests $3400 into the account for 5 years.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the
list of financial formulas. Assume there are 365 days in each year.
(a) Assuming no withdrawals are made, how much money is in Salma's account
after 5 years?
1x
S
?
$7
(b) How much interest is earned on Salma's Investment after 5 years?
si

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