# Math Help - compound intrest

1. ## compound intrest

$2750 invested at 4.825% annual interest for 6 years compounded daily (n=365). find the amount that will be in the account given the stated conditions i cant figure this one out for the life of me 2. Originally Posted by mattdale321$2750 invested at 4.825% annual interest for 6 years compounded daily
(n=365).

i cant figure this one out for the life of me
$p(t)=P_0(1+\frac{r}{n})^{nt}$

$P(6)=2750 \left(1+\frac{.04825}{365} \right)^{(365)(6)} \approx 3673.27$