Business
Business, 30.11.2021 01:20, ella3714

Katherine invests $7,770 in a six-month money market account giving 5. 8% simple annual interest and $12,500 in a three-year CD giving 7. 25% simple annual interest. Assuming that Katherine does not reinvest or renew these investments, how much money will she have when both investments reach maturity, to the nearest dollar? a. $2,944 b. $15,219 c. $23,214 d. $30,886.

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Katherine invests $7,770 in a six-month money market account giving 5. 8% simple annual interest and...

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