Question

Mariner Bank pays 6.5% interest, compounded daily. After finding the daily interest rate (to the nearest millionths place) for November 19 (92 days in the quarter), calculate the interest earned on that date for an account with a balance of $4,000 (to the nearest whole cent).

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Answer:

Answers will be the =26000