Question

Ten months ago bridgette deposited $12,000 in a four-year CD. She has received $424.32 in interest. She has received $424.32 in interest. She withdraws $1,750. This is before the CD matures, so she pays a $450 penalty. What is her balance after the withdrawal?

Answer 1

$10,648.64

Step-by-step explanation.

$12,000.00+(424.32+424.32=848.64)=$12,848.64

$12,848.64-(450+1,750=)$2,200=10,648.634

side note. it was an accident when you wrote "she has received$ 424.32 in interest" twice just subtract 424.32 once and you will get the answer.