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Find the simple interest earned on a four year CD on a deposit of $2,000.00 with an interest rate of 2.25%.

Find the simple interest earned on a four year CD on a deposit of $2,000.00 with an interest rate of 2.25%.
asked 125k views
4 votes
Find the simple interest earned on a four year CD on a deposit of $2,000.00 with an interest rate of 2.25%.

asked
User Kjartan
by
8.7k points

1 Answer

8 votes

Answer:

$186.17

Explanation:

Hope this helps

answered
User Formica
by
8.0k points
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