Mathematics, 04.10.2020 14:01 ddlc28
Cameron has decided to diversify his investments in the following way:
$3,000 in an account earning 2.7% simple interest
$5,000 in a savings account earning 1.8% interest compounded annually
$5,000 in a certificate of deposit earning 3.9% interest compounded quarterly
How much total interest will Cameron earn on his investments at the end of 3 years?
a. $530.87
b. $665.57
$973.30
d. $1,135.30
C.
Please select the best answer from the choices provided
A
B
0 0 0
Answers: 3
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Cameron has decided to diversify his investments in the following way:
$3,000 in an account earning...
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