Mathematics, 09.11.2019 11:31 abenjamin489

Cristiana uses $25,000 to purchase a 25 month cd (certificate of deposit) that pays 2.47% compounded monthly.
a. what is her investment worth at the end of 25 months?
b. how much interest did she earn?

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Cristiana uses $25,000 to purchase a 25 month cd (certificate of deposit) that pays 2.47% compounded monthly. a. what is her investment worth at the end of 25 months? b. how much interest did she earn?

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Another question on Mathematics

Cristiana uses $25,000 to purchase a 25 month cd (certificate of deposit) that pays 2.47% compounded monthly.
a. what is her investment worth at the end of 25 months?
b. how much interest did she earn?