Mathematics, 15.04.2021 18:00, angieplasencia8

Marcus receives an inheritance of $3,000. He decides to invest this money in a 11 -year certificate of deposit (CD) that pays 5.0 % interest compounded monthly. How much money will Marcus receive when he redeems the CD at the end of the 11 years?

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Marcus receives an inheritance of ​$3,000. He decides to invest this money in a 11 ​-year certificate of deposit​ (CD) that pays 5.0 ​% interest compounded monthly. How much money will Marcus receive when he redeems the CD at the end of the ​11 years?

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Marcus receives an inheritance of $3,000. He decides to invest this money in a 11 -year certificate of deposit (CD) that pays 5.0 % interest compounded monthly. How much money will Marcus receive when he redeems the CD at the end of the 11 years?