Damons father started a college fund on Damons 8th birthday. He deposited $7500 into a certificate of deposit that yields an interest rate of 0.23% compounded annually. How much money will the certificate

Damons father started a college fund on Damons 8th birthday. He deposited $7500 into a certificate of deposit that yields an interest rate of 0.23% compounded annually. How much money will the certificate of deposit be worth when Damon turns 18 years old ?

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Damons father started a college fund on Damons 8th birthday. He deposited $7500 into a certificate of deposit that yields an interest rate of 0.23% compounded annually. How much…

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