Answered

From personal advice to professional guidance, IDNLearn.com has the answers you seek. Discover comprehensive answers to your questions from our community of knowledgeable experts.

tammy smith deposits $5,000 in First Internet Bank's 5-year CD, which pays 5.22% compounded monthly.How much will she have in the account at the end of 5 Years? How much interest did she earn?

Sagot :

Answer: a) $ 6,487.47

b) $ 1,487.47

Step-by-step explanation:

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Thank you for choosing IDNLearn.com for your queries. We’re here to provide accurate answers, so visit us again soon.