1) ethan put $700 into a certificate of deposit (cd) account that earns 1.8% interest each year. what will the interest of the cd account be after 6 years?

The interest After 6 years is $ 79.03  

Step-by-step explanation:

Given as :

The principal amount deposited in account = $ 700

The rate interest earn = 1.8 % per year

The Time period = 6 years

From Compounded Method

Amount = Principal ×

Or, Amount = $ 700 ×

Or, Amount =  $ 700 ×

Or, Amount =  $ 700 × 1.1129

∴ Amount = $ 779.03

Now , Interest = Amount - Principal

I.e Interest = $ 779.03 - $ 700 = $ 79.03

Hence The interest After 6 years is $ 79.03  ,  Answer

the answer is here: : )

:

40 x 50 = 2000

step-by-step explanation: