Nikola invested $6,000 in a 3-year
Certificate of Deposit (CD) that pays
3.8% interest comp...
Mathematics, 23.04.2021 22:30 lerinmarie
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?
A A = P(1 + 0.38)
B A = P(0.38)(3)
CA=P(1 +3.8)
D A = P(1 + 0.038)
Answers: 2
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