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Thabang used 1/5 of his money to buy a CD. Calculate how much the CD cost
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2 votes
Thabang used 1/5 of his money to buy a CD. Calculate how much the CD cost

User ThrowingSpoon
by
7.6k points

2 Answers

4 votes

Answer: divide 1/5 by the price of the CD

Formula: A = P(1+r/n)(nt)

Step-by-step explanation: , if you have a $1,000 CD with a term of three years and an APY of 5%, you can multiply $1,000 by 5% to find the interest

User LeonardoX
by
8.3k points
0 votes

Answer:

20% of his money

Explanation:

it's 1/5 of 100% of his money

User Einverne
by
9.0k points
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