asked 92.5k views
2 votes
NEED ANSWER ASAP

Mr. Doable invested $3500 in a 7-year CD that pays 4.2% compounded annually. How much interest will the CD earn over the 7-years?

A: $147.00
B: $245.00
C: $1,168.12
D: $4,668.12

1 Answer

4 votes
the answer is B $1168.12

answered
User Tsuneo Yoshioka
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.