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ASNWER THIS AND ILL HUG YOU Kim Invested $5,000 in a 3-year Certificate Of Deposit (CD) that pays 2.3% interest compounded annually. How much interest will she earn on the CD at…

ASNWER THIS AND ILL HUG YOU Kim Invested $5,000 in a 3-year Certificate Of Deposit (CD) that pays 2.3% interest compounded annually. How much interest will she earn on the CD at…
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ASNWER THIS AND ILL HUG YOU

Kim Invested $5,000 in a 3-year Certificate Of Deposit (CD) that pays 2.3% interest compounded annually. How much interest will she earn on the CD at the end of 3 years?

asked
User Denis Savenko
by
8.0k points

1 Answer

6 votes

She earns 345$ for the whole 3 years.

answered
User Alexander Zagniotov
by
9.2k points
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