Mary received a $1800 bonus. She decided to invest it in a 3-year certificate of deposit (CD) with an annual interest rate of 1.35% compounded quarterly.1. Assuming no withdrawals are made, how much money is in Mary's account after 3 years?2.) How much interest is earned on Mary's investment after 3 years?

asked by guest
on Nov 22, 2024 at 12:33 am



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.