On Melissa's 6th birthday, she gets a $6000 CD that earns 3% interest, compounded semiannually. If the CD matures on her 13th birthday, how much money will be available?

On Melissa's 6th birthday, she gets a $6000 CD that earns 3% interest, compounded semiannually. If the CD matures on her 13th birthday, how much money will be available?

asked Dec 21, 2018 54.4k views

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