Johnny borrows $30,000 from Tony at 3% daily interest compounded daily. How much does Johnny owe Tony after 3 weeks?	Choose the correct choice from the following choices.
A) 30000*0.02^56  B) 30000*1.12  C) 30000*2.12  D) 30000*1.03^21  E) (30000*1.02)^56
A=A= P(1+r100)^n   So, A=30000(1+3/100)^7âˆ—3   So, A= 30000(1.03)^21   Hence answer will be (30000*1.03^21)
<result>D</result>
Johnny borrows $30,000 from Tony at 3% daily interest compounded daily. How much does Johnny owe Tony after 3 weeks?