Haley invests $16,820 in a nine-year cd bearing 5.8% interest, and $21,950 in an online savings account giving 3.0% interest. when the cd reaches maturity, how much more interest will it have generated than the savings account?

$2853.5

Step-by-step explanation:

Let us assume that the interest rate of both the investments of Haley is simple interest.

So, $16820 amounts of investment in nine-year CD bearing 5.8% interest will get interest of dollars.

Again, $21950 amounts of investment in an online savings account giving 3% interest will give interest of dollars.

Therefore, the nine-year CD will give more interest by $(8780 - 5926.5) = $2853.5. (Answer)

she will most likely have 33  

step-by-step explanation: