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Find the interest for a six-year CD for $5000 at an interest rate of 4%, compounded annually.
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Find the interest for a six-year CD for $5000 at an interest rate of 4%, compounded annually.

User Pravin Tate
by
4.0k points

1 Answer

2 votes

Answer:

18

Explanation:

180X10=1800

1800/100=18

User Stevetronix
by
3.3k points
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