tammy smith deposits $5,000 in First Internet Bank's 5-year CD, which pays 5.22% compounded monthly.How much will she have in the account at the end of 5 Years? How much interest did she earn?

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Sharky asked Dec 4, 2023

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tammy smith deposits $5,000 in First Internet Bank's 5-year CD, which pays 5.22% compounded monthly.How much will she have in the account at the end of 5 Years? How much interest did she earn?

Mathematics
college

Sharky asked Dec 4, 2023

by Sharky

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25 votes

Answer: a) $ 6,487.47

b) $ 1,487.47

Explanation:

Ahmad Mushtaq answered Dec 8, 2023

by Ahmad Mushtaq

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