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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 the date of maturation?

User Jose Reyes
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2 Answers

6 votes

Answer:

the correct answer is $1.50 for me

Explanation:

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

User Ishan Shah
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3 votes

Answer: 30

Explanation:

User Michael Hunziker
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