subject
Mathematics, 20.10.2021 08:50 suzyleonardsl0

Suppose you buy a CD for $2700 that earns 3% APR and is compounded quarterly. The CD matures in 3 years. If funds are withdrawn before the CD matures, the early redemption fee is 3 months interest. What is the early redemption fee on this account?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
50 points! antonio made a scale model of a building. the model's scale is 1 inch to 235 feet and its height is 3.5 inches. what is the exact height of the actual building? enter your answer in the box.
Answers: 3
question
Mathematics, 21.06.2019 16:30
Why do interests rates on loans to be lower in a weak economy than in a strong one
Answers: 3
question
Mathematics, 21.06.2019 18:30
Alicia puts $400 in a bank account. each year the account earns 5% simple interest. how much money will be in her bank account in six months?
Answers: 1
question
Mathematics, 21.06.2019 19:30
Ariel is working at a meat packing plant for 5 nights a week. her regular wage is $11 an hour. she earns tine and a half for any overtime hours. this week she worked 9 hours of over time .how much will ariel earn for overtime this week ?
Answers: 1
You know the right answer?
Suppose you buy a CD for $2700 that earns 3% APR and is compounded quarterly. The CD matures in 3 ye...
Questions
question
English, 18.02.2021 15:50
question
Mathematics, 18.02.2021 15:50
question
German, 18.02.2021 15:50
question
Mathematics, 18.02.2021 15:50
question
Mathematics, 18.02.2021 15:50
question
Mathematics, 18.02.2021 15:50
Questions on the website: 13722363