mikaylasimonds48256
mikaylasimonds48256 mikaylasimonds48256
  • 17-04-2020
  • Mathematics
contestada

Mike deposits $5,000 in a three-year CD account that yields 3.5% interest, compounded
weekly. What is his ending balance at the end of three years?

Respuesta :

08desesc59839
08desesc59839 08desesc59839
  • 24-09-2021

Answer:

Step-by-step explanation: This varies based on your deposit, CD rate and term length. For example, a $10,000 deposit in a five-year CD with 0.70% APY will earn about $355 in interest, while a CD with 0.01% APY, all other factors the same, only earns $5 in interest.

Answer Link

Otras preguntas

How did the encomienda system resemble European feudalism?
PLEASE ANSWER I ONLY HAVE 10 MINUTES :') 4. which of the terms represents a percent increase or percent decrease A. Commission (increase or decrease) B. Gratui
a machine produces 440 bolts in 48 minutes. At the same rate, how many bolts would be produced in 30 minutes ​
Blood functions as part of the __________ system and the __________ system. circulatory; excretory digestive; musculoskeletal endocrine; respiratory immune;
LBSC, Inc., operates a milk processing plant in Kenosha, Wisconsin. Its union, the Brotherhood of Food Processing Workers (BFPW), represents all nonsupervisory
Why do the outer planets not have craters? Please answer yall
HELP DUE IN 10 MINS PLZ HELP ME I BEG U
How was most Renaissance art created?
question in the picture
can you help thanks ​