Mathematics
Mathematics, 22.10.2020 22:01, chell6170

Gabriel put $6000 in a 5-year CD paying 4% interest compounded monthly. After 2 years, he withdrew all his money, and as an early withdrawal penalty, he paid back all the interest he made during the first year. How much money was Gabriel left with?

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Gabriel put $6000 in a 5-year CD paying 4% interest compounded monthly. After 2 years, he withdrew a...

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