You invest an initial $2,000 in an account that has an annual interest rate of 6%, compounded daily. How much money will you have in the account after 15 years? Round your answer to the nearest whole number.
The formula is A=p (1+r/k)^kt A future value? P present value 2000 R interest rate 0.06 K compounded daily 365 T time 15 years A=2,000×(1+0.06÷365)^(365×15) A=4,918.84
