Please Help ASAP Compound Interest!!

loganh1920

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Apr 13, 2015
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In fifteen years, marty wants to have $1050 to open his own skate park. If he is able to invest his money in an account that is compounded daily at 3.5%, how much money does he have to deposit now to reach his goal? assume 360 days in a year.
 
In fifteen years, marty wants to have $1050 to open his own skate park. If he is able to invest his money in an account that is compounded daily at 3.5%, how much money does he have to deposit now to reach his goal? assume 360 days in a year.
I am a bit confused here. Do you want us to do your work? Did you try to do this on your own. Can we see your attempt. Which formula did you use. It works like this-you show us your work and if it is correct we will tell you so but if you have an error we will show you what you did wrong. Please respond back with your work.
 
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