Evaluate the following accurate to the nearest cent:
$$10.0001−0.10×182365\frac{\$ 10.000}{1-0.10 \times \frac{182}{365}}$

Financial Calculation

The process of determining the financial implications of various financial decisions through computations.

Daily Interest

Daily Interest calculates the amount of interest that accrues each day on a loan or investment, based on the principle and the annual interest rate, divided by the number of days in a year.

Determine percentages and their role in finance mathematics.
Execute exact arithmetic operations with fractions and decimals, rounded to the nearest cent.

Verified Answer

Jennifer KrystalMay 13, 2024

Final Answer :

$10,524.80

Learning Objectives

Determine percentages and their role in finance mathematics.
Execute exact arithmetic operations with fractions and decimals, rounded to the nearest cent.

Evaluate the following accurate to the nearest cent:
$$10.0001−0.10×182365\frac{\$ 10.000}{1-0.10 \times \frac{182}{365}}$

Definitions

Learning Objectives

Learning Objectives

Related questions

Evaluate the following accurate to the nearest cent: $10.0001−0.10×182365\frac{\$ 10.000}{1-0.10 \times \frac{182}{365}}1−0.10×365182​$10.000​

Definitions

Learning Objectives

Learning Objectives

Related questions

Evaluate the following accurate to the nearest cent:
$$10.0001−0.10×182365\frac{\$ 10.000}{1-0.10 \times \frac{182}{365}}$