caseystarr6 caseystarr6

09-04-2019
Mathematics

contestada

PLEASE HELP 20 PTS How much interest will you earn on a 2-year $ 6 comma 000 CD that will pay annual interest of 4.7%? The first year's interest will remain in the CD and also earn interest during the second year.

Respuesta :

marvingonzalez555 marvingonzalez555

09-04-2019

Answer:

12965.4

Step-by-step explanation:

y= 6000(1+.47)^2

y=6000(1.47)^2

y=12965.4

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