1
On April 1, a business owner made a deposit of $18,200 to open a savings account paying 3% compounded daily. A
withdrawal of $4200 was made 24 days later and another withdrawal of $940 was made 13 days before July 1. Find the
interest earned through July 1 and the account balance on that date.

How much interest is earned through July 1?

How much is the account balance on July 1?

1 On April 1 a business owner made a deposit of 18200 to open a savings account paying 3 compounded daily A withdrawal of 4200 was made 24 days later and anothe class=