Register
Jerome deposits $4,700 in a certificate of deposit that pays 6 1/2% interest, compounded annually. How much interest does Jerome earn in one year? show the work ​
55.9k views
2 votes
Jerome deposits $4,700 in a certificate of deposit that pays 6 1/2% interest, compounded annually. How much interest does Jerome earn in one year? show the work ​

User Xavier John
by
7.0k points

1 Answer

7 votes

Answer:

$305.5

Explanation:

User Ayman Farhat
by
6.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.4m questions

9.8m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Please solve the following equation. x-6x=56
Find the additive inverse of 18/23
What is 25% of 500.00
Link Copied!