gwen612 gwen612

08-11-2020
Mathematics

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On Melissa's 6th birthday, she gets a $4000 CD that earns 6% interest, compounded quarterly. If the CD
matures on her 16th birthday, how much money will be available?

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mherna35 mherna35

08-11-2020

Answer:

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raenamccormick27 raenamccormick27

08-11-2020

Answer:

On melissa's 6th birthday, she gets a $4000 cd that earns 3% interest, compounded quarterly. If... | like | dislike ... The amount accumulated in a certificate of deposit (CD) is found using the compound interest formula as a CD also earns compounding interest. ... The number of years between the 6th and 12th birthdays is 6

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