3. A bank pays 3% annual simple interest on CDs (Certificates of Deposit) of $25,000. The
Hitch...
Geography, 27.03.2020 19:17, Syaralopez
3. A bank pays 3% annual simple interest on CDs (Certificates of Deposit) of $25,000. The
Hitchner family invests in 3 of the $25,000 CDs. How much interest does the family
make in one year?
a. $22.50
b. $225.00
c. $2,250.00
d. $22,500.00
Answers: 3
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