ASAP
A bank offers an investment account with an annual interest rate of 1.25% compounded daily. David invests $3600 into the account for 3 years.
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 David's account
after 3 years?
(b)
$
How much interest is earned on David's investment after 3 years?
$0