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Leah wants to buy a CD for $500 that earns 4% APR and is compounded

quarterly for 5 years. She will be taxed on 20% of the interest that she earns.
What is the total amount of interest Leah will earn, after taxes?
O A. $110.10
O B. $25,50
O C. $20.40
O D. $88.07

2 Answers

6 votes

Answer: $88.07

Step-by-step explanation: took the quiz.

User Iammehrabalam
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6 votes

Answer: 88.07

Explanation:

User Tarquin
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4.9k points