Register

A 180 day $3 million negotiable cd has a 4.25% annual rate quote. if you buy the cd, how much will you collect in 180 days?

A 180 day $3 million negotiable cd has a 4.25% annual rate quote. if you buy the cd, how much will you collect in 180 days?
asked 190k views
0 votes
A 180 day $3 million negotiable cd has a 4.25% annual rate quote. if you buy the cd, how much will you collect in 180 days?

asked
User ShAkKiR
by
8.0k points

1 Answer

0 votes
$3 mill×[1 + (0.0425×180/360)
answered
User C Hogg
by
8.0k points
← Prev Question Next Question →

Related questions

User David Knell
asked Jan 10, 2024 34.4k views
How large must a negotiable CD be to be considered negotiable?
David Knell asked Jan 10, 2024
by David Knell
7.9k points
1 answer
2 votes
34.4k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!