Lori buys a $1500 certificate of deposit (CD) that earns 6% interest that compounds monthly. How much will the CD be worth in:

asked Aug 12, 2021 156k views

5 votes

by Shigg

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0 votes

6500 common math maybe do your work right

Sjdh answered Aug 14, 2021

by Sjdh

8.4k points

2 votes

Answer:

Money = (1500)e^(0.06t)

t = num of months

Money = Money at end of that tiem period

Asad Ullah answered Aug 17, 2021

8.4k points

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