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Spartan Credit Bank is offering 6.2 percent compounded daily on its savings accounts. You deposit...

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Finance

Spartan Credit Bank is offering 6.2 percent compounded daily on its savings accounts. You deposit $4,600 today.
a. How much will you have in the account in 5 years?
Note: Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. How much will you have in the account in 10 years?
Note: Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
c. How much will you have in the account in 20 years?
Note: Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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