Use the formula for computing future value using compound interest to determine the value of an account at the end of 6 years if a principal amount of $2,500 is deposited in an account at an annual interest rate of 7% and the interest is compounded daily. (Assume there are 365 days in a year)
The amount after 6 years will be $?

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is it 383,250?

385,750
?

I don't know the formula for this..
If you tell me the formula, then I might help you...

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