Mathematics, 20.09.2021 21:00, frankiesoar68

Please someone help i dont get it T-T 25pt A bank pays 7% interest on 3-year certificates of deposit. what is the value of a $500 certificate after one year? Give your answer to the nearest tenth and explain.

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Please someone help i dont get it T-T 25pt A bank pays 7% interest on 3-year certificates of depos...