The Bennetts are saving up to go on a family vacation in 5 years. They...
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The Bennetts are saving up to go on a family vacation in 5 years. They invest $2300 into an account with an annual interest rate of 1.43% compounded daily. Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. Assume there are 365 days in each year. (a) Assuming no withdrawals are made, how much money is in the Bennetts' account after 5 years
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The Bennetts are saving up to go on a family vacation in 5 years. They invest $2300 into an account with an annual interest rate of 1.43% compounded daily. Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. Assume there are 365 days in each year. (a) Assuming no withdrawals are made, how much money is in the Bennetts' account after 5 years 