Answer
$2327.14$
Work Step by Step
$1560(1 + \frac{0.08}{365})^{5 \times 365}$
$1560(1.000219178)^{1825}$
$2327.14418$
Prealgebra (7th Edition)
by Martin-Gay, Elayn
Published by
Pearson
ISBN 10:
0321955048
ISBN 13:
978-0-32195-504-3
Chapter 7 - Section 7.6 - Percent and Problem Solving: Interest - Exercise Set - Page 519: 19
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