Question

On april 1, a business owner made a deposit of $16,300 to open a savings account paying 3.5% compounded daily. a withdrawal of $4,600 was made 26 days later and another withdrawal of $900 was made 10 days before july 1. find the interest earned through july 1 and the account balance on that date. (hint: see the table footnote for 91 days.) round to the nearest cent as needed. (2 point) how much interest is earned through july 1? how much is the account balance on july 1?

Answer 1

i dont no the answer of this question