Register

Tammy smith deposits $5,000 in First Internet Bank's 5-year CD, which pays 5.22% compounded monthly.How much will she have in the account at the end of 5 Years? How much in…

Tammy smith deposits $5,000 in First Internet Bank's 5-year CD, which pays 5.22% compounded monthly.How much will she have in the account at the end of 5 Years? How much in…
asked 219k views
1 vote
tammy smith deposits $5,000 in First Internet Bank's 5-year CD, which pays 5.22% compounded monthly.How much will she have in the account at the end of 5 Years? How much interest did she earn?

asked
User Neitsa
by
8.4k points

1 Answer

2 votes

Answer: a) $ 6,487.47

b) $ 1,487.47

Explanation:

answered
User Chris U
by
9.7k points
← Prev Question Next Question →

Related questions

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
How do you estimate of 4 5/8 X 1/3
Link Copied!