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Certificate of Deposit Commercial banks and other institutions in the marketplace offer a 3-month certificate of deposit that allows you to invest cash and earn

Certificate of Deposit

Commercial banks and other institutions in the marketplace offer a 3-month certificate of deposit that allows you to invest cash and earn a 1.5% quarterly interest rate.

If you decide to invest money this quarter, you will be able to withdraw it at the beginning of the next quarter.

YOUR TASK

In the Workspace, enter the amount your company would like to deposit this quarter. Be sure to check how much interest you will earn by the beginning of next quarter.image text in transcribed

Certificate of Deposit 3-Month Certificate of Deposit Total 3-month certificate of deposit investment from last quarter How much would you like to withdraw from your account? How much would you like to add to your account? 3-month certificate of deposit account for current quarter Quarterly interest rate Interest to earn

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