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Mathematics, 18.10.2020 08:01 dhernandez081

Nikola invested $6,000 in a 3-year Certificate of Deposit (CD) that pays 3.8% interest compounded
annually. Which equation could be used to find the
value of the CD after 3 years?
AA= P(1 + 0.38)3
BA= (0.38)(3)
CA= {{1 + 3.8)
DA= (1 + 0.038)3

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Answers: 1

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Nikola invested $6,000 in a 3-year Certificate of Deposit (CD) that pays 3.8% interest compounded
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