Business

Business, 07.07.2019 13:30, jt121717

Savanna smiles invested $5,000 for one year in a cd that earns interest at a rate of 3.5% compounded monthly. what is the interest earned during the year? (hint: use the appropriate formulas and round at the end.) a. $198.70 b. $145.92 c. $177.83 d. $162.97

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Savanna smiles invested $5,000 for one year in a cd that earns interest at a rate of 3.5% compounded...

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