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

Marc Sances asked Mar 22, 2023

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23 votes

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

annual yield on your investment?

Marc Sances asked Mar 22, 2023

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17 votes

Answer:

$4,000.343

Explanation:

Divided the months of the year and caculate the intrest.

Jeson answered Mar 26, 2023

by Jeson

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