menu
Qammunity
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Tara deposits $5,000 in a certificate of deposit. The annual interest rate is 7%, and the interest will be compounded monthly. How much will the certificate be worth in 10 years? round your answer to two
asked
Jan 10, 2023
77.2k
views
5
votes
Tara deposits $5,000 in a certificate of deposit. The annual interest rate is 7%, and the interest will be compounded monthly. How much will the certificate be worth in 10 years? round your answer to two decimal places.
Business
high-school
SpicyClubSauce
asked
by
SpicyClubSauce
9.0k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
5
votes
Answer: $10048.31
Step-by-step explanation:
Fpmoles
answered
Jan 14, 2023
by
Fpmoles
7.1k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jul 23, 2024
233k
views
Tara deposits $5,000 in a certificate of deposit. the annual interest rate is 7%, and the interest will be compounded quarterly. how much will the certificate be worth in 10 years?
Einarmagnus
asked
Jul 23, 2024
by
Einarmagnus
7.6k
points
Mathematics
high-school
1
answer
1
vote
233k
views
asked
Dec 7, 2024
191k
views
Tara deposits $5,000 in a certificate of deposit. The annual interest rate is 7%, and the interest will be compounded quarterly. How much will the certificate be worth in 10 years? Round your answer to
Thorn G
asked
Dec 7, 2024
by
Thorn G
8.0k
points
Mathematics
college
1
answer
5
votes
191k
views
asked
Jun 16, 2021
22.2k
views
Question Tara deposits $5,000 in a certificate of deposit. The annual interest rate is 7%, and the interest will be compounded quarterly. How much will the certificate be worth in 10 years? Round your
Samuel Diogo
asked
Jun 16, 2021
by
Samuel Diogo
8.1k
points
Mathematics
college
2
answers
2
votes
22.2k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
What is the best way to describe a stock market?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity