Leah wants to buy a CD for $500 that earns 4% APR and is compounded
quarterly for 5 years. She...
Mathematics, 21.04.2020 16:37 oglygbbjrapidd2851
Leah wants to buy a CD for $500 that earns 4% APR and is compounded
quarterly for 5 years. She will be taxed on 20% of the interest that she earns.
What is the total amount of interest Leah will earn, after taxes?
O
O
O
O
A. $110.10
B. $25.50
C. $20.40
D. $88.07
Answers: 3
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