NavyBound19 NavyBound19

24-09-2016
Mathematics

contestada

Find how much interest $15,000 earns in 2 years in a certificate of deposit paying 5.5% interest compounded quarterly. What is The interest earned in 2 years?

Respuesta :

annac4024 annac4024

25-09-2016

The interest earned in 2 years is:
$15000 x 5.5%= $825

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