WebJun 22, 2024 · , 11.01.2024 09:12 Devin invested $750 in a cd that pays 6% simple interest. Answers: 1 WebJul 15, 2024 · It depends on the interest rate the bank offers and the length of the CD’s term. Here’s an example: $5,000 invested in a 1-year CD with a 2.00% APY would earn about …
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WebQUESTION 29 · 1 POINT Jim invested $750 in a 3-year CD that earns 4.2% annual interest that is compounded monthly. How much will the CD be worth at the end of the 3-year term? Include the dollar sign in your answer, and round to the nearest cent. WebCalculate the future value of an investment in a certificate of deposit (CD). Optionally calculate the taxes you will need to pay on earned interest. Initial Investment Amount or … fred astaire dance studio albany ny
Solved QUESTION 29 · 1 POINT Jim invested $750 in a 3-year
WebJul 20, 2024 · Published in category Business, 30.09.2024 >> <<. Devin invested $750 in a CD that pays 6% simple interest, calculated quarterly. How much money will Devin earn in 3 years? Answer by Guest. 13500 dollars in three years. WebAug 4, 2024 · Devin invested $750 in a CD that pays 6% simple interest, calculated quarterly. How much money will Devin earn in 3 years? WebFeb 10, 2011 · Math. Advanced Math. Advanced Math questions and answers. Devin invested money into a bank account. The table below is the value of Devin's investment over time. Year 2 10 11 14 16 19 Value ($) 11,000 25,000 29,400 43,800 56,200 76,900 a. fred astaire corporate office