Question
With $5,000 you open a certificate of deposit (CD) with an annual percentage rate (APR) of 5.25%. (Like most CDs, the account pays interest daily.)
With $5,000 you open a certificate of deposit (CD) with an annual percentage rate (APR) of 5.25%. (Like most CDs, the account pays interest daily.) To the nearest dollar, how much money will be in the account at the end of 18 months? show working
a) $5,394
b) $12,863
c) $5,399
d) $5,410
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
