Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Isaiah is going to invest $94,000 and leave it in an account for 16 years. Assuming the interest is compounded daily, what interest rate, to the nearest tenth of a percent, would be required in order for Isaiah to end up with $273,000?

Sagot :

Answer:

Step-by-step explanation:

r=6.7

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.