nicholas wants to buy a cd for $200 that earns 3% apr and is compounded quarterly. the cd matures in 5 years. his interest earned will not be reinvested in the cd.what will nicholas total interest be at

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Mafick asked Jan 27, 2022

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18 votes

Mathematics
college

Mafick asked Jan 27, 2022

by Mafick

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11 votes

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the correct answer is $1.50 for me

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st took the quiz and got this question correct, hope this helps!

Linqu answered Jan 28, 2022

by Linqu

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17 votes

Answer: 30

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Pawan Harariya answered Feb 1, 2022

by Pawan Harariya

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