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Matthew deposited $2000 into a certificate of deposit with a rate of 11.5% for 1 year. How much money did he have in the account after 6 months?

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asked Sep 23, 2021 129k views

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Matthew deposited $2000 into a certificate of deposit with a rate of 11.5% for 1 year. How much money did he have in the account after 6 months?

Mathematics
middle-school

Lennyklb asked

by Lennyklb

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2 Answers

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$333.33 that is the answer

AV Paul answered Sep 24, 2021

by AV Paul

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5 votes

Answer:

$333.33

Explanation:

After 6 months they would have $333.33 because $2,000 divided by 6 is 333.33.

Hope this helps.

IsJustMe answered Sep 28, 2021

by IsJustMe

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Matthew deposited $2000 into a certificate of deposit with a rate of 11.5% for 1 year. How much money did he have in the account after 6 months?

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