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PEASE HELP Ethan puts $1200 into a Certificate of Deposit (CD) account that earns 2.1% interest each year. What will be the interest of the CD account earned after 5 years? Round to the nearest cent (hundredths
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PEASE HELP

Ethan puts $1200 into a Certificate of Deposit (CD) account that earns 2.1% interest each year. What will be the interest of the CD account earned after 5 years? Round to the nearest cent (hundredths place).

User Luca Regazzi
by
4.5k points

1 Answer

1 vote

Answer:

$12,600

Explanation:

So what i did was i multiplyed 2.1 and 5 then i took that answer and multiplyed that and rounded it ang got $12,600

i hope this is right

User Arun Balakrishnan
by
4.6k points
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