Mathematics, 29.03.2020 07:39, Shavaila18

Kim invested $5,000 in a 3-year
Certificate of Deposit (CD) that pays
2.3% interest compounded annually.
What will the CD be worth at the end of
3 years?
A $5,034.50
B $5,060.83
C $5,435.00
D$5,353.00

Answers: 1

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Kim invested $5,000 in a 3-year
Certificate of Deposit (CD) that pays
2.3% interest comp...

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Kim invested $5,000 in a 3-year Certificate of Deposit (CD) that pays 2.3% interest compounded annually. What will the CD be worth at the end of 3 years? A $5,034.50 B $5,060.83 C $5,435.00 D$5,353.00

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Other questions on the subject: Mathematics

Questions in other subjects:

Kim invested $5,000 in a 3-year
Certificate of Deposit (CD) that pays
2.3% interest compounded annually.
What will the CD be worth at the end of
3 years?
A $5,034.50
B $5,060.83
C $5,435.00
D$5,353.00