Mathematics, 04.03.2020 23:24 floresguppy
Matt Gilkey invests $45,000 in a 4-year certificate of deposit that earns interest at an annual rate of 5.25
percent compounded quarterly. The amount per $1.00 is 1.231994. What is the interest earned?
a $10,439.73
c. $6,578.06
b. $23,897.00
d. $11,567.25
Answers: 2
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Matt Gilkey invests $45,000 in a 4-year certificate of deposit that earns interest at an annual rate...
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