Chapter 4: Math Applications - Math Mcqs for Grade 8


Q.  Jane invests $15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is

a. $15,010.28
b. $18,010.28
c. $16,010
d. $14,010


ANSWER: See Answer
 
No explanation is available for this question!
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