Mathematics, 20.12.2021 07:00 sophie5988

Mary Sprogs wants to invest $3,000 in a 2-yr CD. If she finds a bank with a published interest rate of 2.7% for this type of CD, how much interest should the investment earn?
Using the compound interest formula with monthly compounding. What are the values of r/n , nt , amount of interest earned

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Mary Sprogs wants to invest $3,000 in a 2-yr CD. If she finds a bank with a published interest rate...

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