Register
What is the balance after 3 years on a CD with an initial investment of $2,500.00 and a 3.05% interest rate? A. $2,652.50 C. $2,506.10 B. $2,735.80 D. $7.625.00​
182k views
5 votes
What is the balance after 3 years on a CD with an initial investment of $2,500.00 and a 3.05% interest rate?

A. $2,652.50 C. $2,506.10
B. $2,735.80 D. $7.625.00​

User Ralf Stubner
by
8.5k points

1 Answer

5 votes
The answer to this would be B: $2,735.80.
User Luuk
by
7.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!