Question

Asia Desai deposited $6,000 in a savings account that pays 5.5% interest compounded daily. How much interest did she earn in 21 days?

Answer 1

M=P(1+(r)/(n))^(n*t)

Answer 2

P=6000
R=5.5%=0.055
N=365
T=21

Answer 3

http://www.wolframalpha.com/ <--- Plug it into here

Answer 4

It says its 19042.5 @Dinkleberg

Answer 5

Does that math your answer choices ?

Answer 6

No. My answer choices are 22.96, 21.44, 19.02, 18.96 @Dinkleberg

Answer 7

@amistre64

Answer 8

I'm getting the same thing :(

Answer 9

Math is so annoying... @Dinkleberg

Answer 10

@Emilyh117 tell me about it >.< O M G ! are you talking a financial algebra class ?

Answer 11

Yes! :/ @Dinkleberg

Answer 12

I found the answer. It's 19.02

Answer 13

O M G ME TOO :D !!

Answer 14

GOOD JOB finding the answer !

Answer 15

Thanks! @Dinkleberg