Your aunt is planning to invest in a bank CD that will pay 8.5 percent interest semiannually. If she has $7,500 to inves

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Your aunt is planning to invest in a bank CD that will pay 8.5 percent interest semiannually. If she has $7,500 to inves

Post by answerhappygod »

Your aunt is planning to invest in a bank CD that will pay 8.5
percent interest semiannually. If she has $7,500 to invest, how
much will she have at the end of four years? (Round your answer to
the nearest penny.)
Value of investment after 4 years= $______
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply