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Daniel placed $2,500 in a one-year time deposit (CD) with a 2.7% annual interest rate. Approximately how much interest will Daniel earn at maturity?

Daniel placed $2,500 in a one-year time deposit (CD) with a 2.7% annual interest rate. Approximately how much interest will Daniel earn at maturity?
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Daniel placed $2,500 in a one-year time deposit (CD) with a 2.7% annual interest rate. Approximately how much interest will Daniel earn at maturity?

asked
User Kevin Adesara
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8.2k points

1 Answer

3 votes
Daniel will earn 675 at maturity !
answered
User Yossi Levi
by
8.4k points
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