Mathematics, 06.12.2021 01:20 ddmoorehouseov75lc

Wendy Winholtz's 8-year savings certificate pays an annual interest rate of 5.3%. At the end of 5 years, she cashed out the $6,000 CD and paid a penalty of 12 months' simple interest. What penalty
did she pay?

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Wendy Winholtz's 8-year savings certificate pays an annual interest rate of 5.3%. At the end of 5 years, she cashed out the $6,000 CD and paid a penalty of 12 months' simple interest. What penalty did she pay?

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Another question on Mathematics

Wendy Winholtz's 8-year savings certificate pays an annual interest rate of 5.3%. At the end of 5 years, she cashed out the $6,000 CD and paid a penalty of 12 months' simple interest. What penalty
did she pay?