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Destiny's mother started a college fund when Destiny was born. She deposited $9,300 into a CD (certicate of deposit) that yields an interest rate of 0.46% compounded annuall…

Destiny's mother started a college fund when Destiny was born. She deposited $9,300 into a CD (certicate of deposit) that yields an interest rate of 0.46% compounded annuall…
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Destiny's mother started a college fund when Destiny was born. She deposited $9,300 into a CD (certicate of deposit) that yields an interest rate of 0.46%

compounded annually. How much money will the CD be worth when Destiny turns 16 years old?

User Das Kinder
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1 Answer

4 votes

Answer:

Explanation:

$10,008.61

Destiny's mother started a college fund when Destiny was born. She deposited $9,300 into-example-1
User Mehraban
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