garciaallison183 garciaallison183
  • 01-02-2021
  • Mathematics
contestada

Allison invest $5000 in CD at an interest rate of 2%. What will her total be worth at the end of 3 years?

Respuesta :

Crops23 Crops23
  • 01-02-2021

Answer:How much interest will I earn in a CD? It depends on the interest rate the bank offers and how long the CD's term is. Here's an example: $5,000 invested in a 3-year CD with a 0.80% APY would earn about $120 by the end of the term.

Step-by-step explanation:

Answer Link

Otras preguntas

Why must the sperm and egg undergo meiosis? so that the offspring will have 1/2 the chromosomes so that the offspring will have the correct number of chromosom
How do expansionary policies differ from contractionary​ policies? A. Expansionary policies seek to reduce the severity of​ recessions, while contractionary pol
Please please help me
what is (-5/8)×(2/3)​
PLEASE HELP!!!! 25 POINTS!!!!! I NEED THIS ASAP!!!!!!
A population of squirrels lives in a mature forest in Virginia's Great Dismal Swamp. After a hurricane, 90% of the oak trees are destroyed by the rains and high
Should the United States pursue the idea of colonizing space
Immigrants often stayed in neighborhoods with other people from the same country. what were these neighborhoods called apex
The sum total of an organism's interaction with the biotic and abiotic resources of its environment is called its A) habitat. B) logistic growth. C) biotic pote
A net force of 30 N gives a stone an acceleration of 5 m/s. Calculate the mass of the stone