Business, 05.02.2021 03:10 tommyaberman
Kim Tayes invests $8,000 in a certificate of deposit for 1 year.
The certificate earns interest at an annual rate of 4.25%
compounded quarterly.
a. What is the amount?
b. What is the interest earned
c. What is the annual percentage yield to the nearer
thousandth of a percent?
Answers: 1
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Kim Tayes invests $8,000 in a certificate of deposit for 1 year.
The certificate earns interest at...
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