Solution-Compound amount and the amount of interest

Compound amount and the amount of interest

Reference no: EM131703040

The following certificate of deposit? (CD) was released from a particular bank. Find the compound amount and the amount of interest earned by the following deposit.

$5000 at 0.44?% compounded semianually for 3 years.

The compound amount is $_______.

Reference no: EM131703040

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Compound amount and the amount of interest

Reference no: EM131703040

Reference no: EM131703040

Questions Cloud

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Assured A++ Grade

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