Math Problem Statement

If a stock fund purchased with 100 thousand liras grows at a compound growth rate of 0.30% every day, what will be the value of this fund after 10 years?

Solution

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Math Problem Analysis

Mathematical Concepts

Compound Interest
Exponential Growth

Formulas

Compound Interest Formula: A = P × (1 + r)^n

Theorems

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Suitable Grade Level

Grades 10-12