Mathematics, 01.04.2021 20:20 waves2114
Josh received a $1800 bonus. He decided to invest it in a 3-year certificate of deposit (CD) with an annual interest rate of 1.33% compounded quarterly
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the
list of financial formulas.
Х
5
?
(a) Assuming no withdrawals are made, how much money is in Josh's account
after 3 years?
sil
(b) How much interest is earned on Josh's investment after 3 years?
sl
Answers: 2
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Josh received a $1800 bonus. He decided to invest it in a 3-year certificate of deposit (CD) with an...
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