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Karen deposited $5,000 as a certificate of deposit (CD) in a bank for a period of 3 years. The CD pays simple interest of 15% per year and pays interest every 6 months. How much…

Karen deposited $5,000 as a certificate of deposit (CD) in a bank for a period of 3 years. The CD pays simple interest of 15% per year and pays interest every 6 months. How much…
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Karen deposited $5,000 as a certificate of deposit (CD) in a bank for a period of 3 years. The CD pays simple interest of 15% per year and pays interest every 6 months. How much interest does she get every 6 months?

asked
User Mohit Vashistha
by
8.5k points

2 Answers

3 votes

Answer:

Increased trade and the growth of market economies in Europe led to which event?

Explanation:

answered
User Adam Reed
by
7.9k points
4 votes
Every six months he gains an extra 375 dollars
answered
User Mindaugas Li
by
8.3k points
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