aminakhan12092001 aminakhan12092001

14-10-2020
Mathematics

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Lori buys a $1500 certificate of deposit (CD) that earns 6% interest that compounds monthly. How much will the CD be worth in:

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zoiodbergrp zoiodbergrp

14-10-2020

Answer:

Money = (1500)e^(0.06t)

t = num of months

Money = Money at end of that tiem period

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zsmith781 zsmith781

14-10-2020

6500 common math maybe do your work right

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