davidmfox8331 davidmfox8331

01-02-2021
Mathematics

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Kim’s family invested $3000 in a certificate of deposit (CD) for her when she was born. the interest rate is 8% and is compounded quarterly. what is the value of the CD in 5 years? what is the value of the CD if it is compounded annually for 15 years?

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Crops23 Crops23

01-02-2021

Answer:Kim’s family invested $3000

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