Mathematics
Mathematics, 27.02.2020 21:12, coryowens44

Nate wants to buy a CD for $1000 that earns 3% APR and is compounded
quarterly for 5 years. He will be taxed on 20% of the interest that he earns.
What is the total amount of interest Nate will earn, after taxes?
O A. $40.96
O B. $51.20
O c. $161.18
O D. $128.94
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Nate wants to buy a CD for $1000 that earns 3% APR and is compounded
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