Ask a New Question

A bank is offering a special three year investment certificate paying 3.25% per year, compounded monthly. How much interest would you earn by the end of the three years if you deposited $1500 in the account?

Ask a New Question or answer this question.

Similar Questions

A bank is offering a special three year investment certificate paying 3.25% per year, compounded monthly. How much interest
1. 1 answer
. Seth’s current bank offers a 1-year certificate of deposit account paying 2% compounded semiannually. A competitor bank is
1. 2 answers
Bank One offered a 19-year certificate of deposit (CD) at 4.59% interest compounded quarterly. On the same day on
1. 1 answer
Darla purchased a new car during a special sales promotion by the manufacturer. She secured a loan from the manufacturer in the
1. 2 answers

more similar questions