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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​
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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​

User Kujtim
by
3.5k points

1 Answer

2 votes

Answer:

B) $2508.53

Explanation:

Please refer to the attached image for explanations

7. You have invested $2500 in a 30-day savings certificate paying 4.15% per annum-example-1
User Iodnas
by
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