You put $280 in a one-year CD that will earn 4.5% a year, calculated semiannually. How much simple interest will you earn?

asked Dec 20, 2020 3.6k views

5 votes

5.6k points

Please log in or register to add a comment.

4 votes

Answer:

25.77 dollars

Explanation:

280 × .045 = y

y + 280 = z

z × .045 = c

z + c = d

d - c = the answer. $25.77

Gardezi answered Dec 25, 2020

5.4k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.9m answers