Mathematics, 10.11.2019 01:31, mandy9386

Adam invested $12,000 in a six-year cd that paid 7.1% interest, but later needed to withdraw $2,500 early. if the cd's penalty for early withdrawal was eighteen months' worth of interest on the amount withdrawn, how much of a penalty did adam pay? a. $138.89b. $177.50c. $266.25d. $319.50

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Adam invested $12,000 in a six-year cd that paid 7.1% interest, but later needed to withdraw $2,500...