Mathematics, 24.06.2019 18:30 ketnerfaith17
Anthony wants to buy cd for $400 that earns 2.5% apr and is compound quarterly. the cd matures in 3 years. hi interest earned will not be reinvested in the cd. what will anthony total interest earned be at the date of maturation? apex a. $60.00 b. $30.00 c. $15.00 d. $7.50
Answers: 1
, where A= Final amount, P= Initial amount, r= rate of interest in decimal form, n= number of compounding in a year and t= time duration in years. 
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Anthony wants to buy cd for $400 that earns 2.5% apr and is compound quarterly. the cd matures in 3...
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