Mathematics, 15.12.2021 14:00 dbarker5313

Charles Demaize purchased an 8-year certificate of deposit for $45,000. The certificate earns interest at 6.00 percent compounded daily.
a. What is the certificate worth in 8 years?
b. What has the certificate earned in those 8 years?

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Charles Demaize purchased an 8-year certificate of deposit for $45,000. The certificate earns inte...

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Charles Demaize purchased an 8-year certificate of deposit for $45,000. The certificate earns interest at 6.00 percent compounded daily. a. What is the certificate worth in 8 years? b. What has the certificate earned in those 8 years?

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Another question on Mathematics

Charles Demaize purchased an 8-year certificate of deposit for $45,000. The certificate earns interest at 6.00 percent compounded daily.
a. What is the certificate worth in 8 years?
b. What has the certificate earned in those 8 years?