Question

7. You have invested $2500 in a 30-day savings certificate paying 4.15% per annum. Find the

amount of the investment at the end of 30 days.
a) $2551.88
b) $2508.53
c) $2491.50
d) $2603.75​

Answer 1

B) $2508.53

Explanation:

Please refer to the attached image for explanations