Find the amount in an account if $65,950 is invested at 5.25% compounded daily, for 10 years and 9 months.

Now, there are 12 months in a year, so in 10 years that'd be 120 months, plus 9 more months, that'd be 129 months.

how many years is that?  well, there are 12 months in a year, so 129/12 years, or 43/4 simplified for that matter.

compounding daily will be "continuously compounding" interest, or you can always uses the compound interest with a cycle of 365, assuming 365 days per year.

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