Principal amount is $1510, so P = 1,760 dollars.
Compounding period is daily, so N = 365.
Interest rate is 6%, so r = 0.06
Time of investment is 7 years, so t = 7 years.
We can use compound interest formula as given below :-
Amount = [tex]P*(1+\frac{r}{N} )^{(N*t)}[/tex]
[tex]Amount=1760*(1+\frac{0.06}{365} )^{(365*7)} \\\\
Amount=1760*(1+0.000164384)^{(2555)} \\\\
Amount=1760*(1.000164384 )^{(2555)} \\\\
Amount=1760*(1.521909017) \\\\
Amount=2678.55987 \approx 2678.56 \;dollars[/tex]
Hence, total amount in account would be 2,678.56 dollars.
