hprincess hprincess
  • 23-10-2019
  • Mathematics
contestada

If I invest $4,000 for one year in a CD that earns interest at a rate of 4% compounded monthly what is the interest earned during the year

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abdallah47 abdallah47
  • 24-10-2019

Answer:

$4,000×4/100=

106 years

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