Question
Raul inherited$6,500.00$6,500.00from his grandmother. He wants to use the money to take his family on a vacation in1515months. He found a Certificate of Deposit (CD)
Raul inherited$6,500.00$6,500.00from his grandmother. He wants to use the money to take his family on a vacation in1515months. He found a Certificate of Deposit (CD) that is paying2.625%2.625%annual simple interest. How much, to the nearest penny, will he have if he uses this investment? Round to the nearest cent, if needed.
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
