The amount of money that Jordan will earn at the end of 10 years = $12,587.5
The principal amount invested(P) = $9,500
The annual compounded daily interest rate(R) of the account = 3.25%
The time given (T) = 10 years
Simple interest (SI) = PĂ—T Ă— R/100
SI = 9,500Ă—10Ă—3.25/100
SI= 308750/100
SI= $3087.50
Therefore the total amount that would be in the account after 10 years = $9,500 + $3,087.50
= $12,587.5
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