Gold door credit bank is offering 87 percent compounded


Gold Door Credit Bank is offering 8.7 percent compounded daily on its savings accounts. You deposit $6182 today. How much will you have in the account in 12 years?

(Use 365 days a year. Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "tiny_mce_markerquot; sign and commas in your response. For example, $123,456 should be entered as 123456.)

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Financial Management: Gold door credit bank is offering 87 percent compounded
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