Mathematics, 19.01.2020 18:31, kathrynaveda

Karen deposited $5,000 as a certificate of deposit (cd) in a bank for a period of 3 years. the cd pays simple interest of 15% per year and pays interest every 6 months. how much interest does she get every 6 months?
$

(hint: use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.)

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Karen deposited $5,000 as a certificate of deposit (cd) in a bank for a period of 3 years. the cd pa...