Mathematics, 14.08.2019 08:10, IIHarmonyII

Abank offers a four year cd with an interest rate of 2.75%. the penalty for early withdrawal from the cd is nine months of simple interest, calculated on the amount withdrawn. rachel invests $6,200. if she withdraws $2250 after one year, how much will the penalty be? round answer to the nearest dollar.

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Abank offers a four year cd with an interest rate of 2.75%. the penalty for early withdrawal from th...