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tony recieved a $2100 bonus. He decided to invest it in a 5- year certificate of deposit with an anual interesr rate of 1.49% compounded
tony recieved a $2100 bonus. He decided to invest it in a 5- year certificate of deposit with an anual interesr rate of 1.49% compounded monthly.
a) assuming no withdrawals are made, how much money is in Tony's account after 5 years?
b) how much interest is earned on Tony's investment after 5 years?
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On My Own Two Feet A Modern Girls Guide To Personal Finance
Authors: Sharon Kedar
2nd Edition
1440570841, 978-1440570841
