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Jerome deposits $3,700 in a certificate of deposit that paya on Interest, compounded annually. How much interest does Jerome earn in 1 year? (

Jerome deposits $3,700 in a certificate of deposit that paya on Interest, compounded annually. How much interest does Jerome earn in 1 year? (
asked 59.0k views
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Jerome deposits $3,700 in a certificate of deposit that paya on Interest, compounded

annually. How much interest does Jerome earn in 1 year? (

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User Rhelminen
by
7.9k points

1 Answer

6 votes

Jerome deposits $3,700 in a certificate of deposit that paya on Interest, compounded

annually. How much interest does Jerome earn in 1 year? (

answered
User MattHodson
by
8.4k points
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