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Finite Math - Lesson 5.1
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Simple and Compound Interest
**4:20 there is an error in the time presented. The time SHOULD be 85/365!
So using our formula we will have: A = 11,280[ 1+ 0.07 (85/365)] = $11,463.88
**4:20 there is an error in the time presented. The time SHOULD be 85/365!
So using our formula we will have: A = 11,280[ 1+ 0.07 (85/365)] = $11,463.88
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