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Mathematics, 29.09.2019 04:00 rockstargirl9869

Adam invested $12,000 in a six-year cd that paid 7.1% interest, but later needed to withdraw $2,500 early. if the cd’s penalty for early withdrawal was eighteen months’ worth of interest on the amount withdrawn, how much of a penalty did adam pay?

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Adam invested $12,000 in a six-year cd that paid 7.1% interest, but later needed to withdraw $2,500...
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