You buy a CD for $9000 that earns $172.92 in interest every 2 months. What is the annual yield on your investment?

asked Jan 21, 2023 38.4k views

19 votes

You buy a CD for $9000 that earns $172.92 in interest every 2 months. What is the

annual yield on your investment?

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4 votes

Answer:

$4,000.343

Explanation:

Divided the months of the year and caculate the intrest.

Rosen Dimov answered Jan 25, 2023

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