Suppose that on january 1 you deposit 100 in an account
Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later?
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suppose that on january 1 you deposit 100 in an account that pays a nominal or quoted interest rate of 1133463 with
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