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1
On April 1, a business owner made a deposit of $18,200 to open a savings account paying 3% compounded daily. A
withdrawal of $4200 was made 24 days later and another withdrawal of $940 was made 13 days before July 1. Find the
interest earned through July 1 and the account balance on that date.

How much interest is earned through July 1?

How much is the account balance on July 1?



1 On April 1 A Business Owner Made A Deposit Of 18200 To Open A Savings Account Paying 3 Compounded Daily A Withdrawal Of 4200 Was Made 24 Days Later And Anothe class=