Register
Heather invested $8,000 in a 4-year Certi!cate of Deposit (CD) that pays 4.1% interest COMPOUNDED QUARTERLY. What is the value of the CD at the end of the 4 years? Round your answer to the nearest cent.
1.8k views
5 votes
Heather invested $8,000 in a 4-year Certi!cate of Deposit (CD) that pays 4.1% interest COMPOUNDED QUARTERLY. What is the value of the CD at the end of the 4 years? Round your answer to the nearest cent.

User Renaud Bompuis
by
5.2k points

1 Answer

5 votes

Answer:

Explanation:

THE ANSWER IS 10

User Ezra Free
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers

Other Questions

What number is halfway between 0 and 18
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
I need to simplify this expression.
Need answer to math problem!!!​
Which property is shown in the problem below? -8(x-3y-9) = -8x+24y+72 A the associative property B the commutative property C the distributive property D the division property ASAP
Link Copied!