Mathematics
Mathematics, 08.04.2020 21:18, spearjj

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?

answer
Answers: 2

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Nate wants to buy a CD for $1000 that earns 3% APR and is compounded
quarterly for 5 years. He...

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