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PLEASE HELP ME Arnold deposits $6,000 into a certificate of deposit that pays 8% interest compounded quarterly . How much interest does his account earn in the first 3 years?

PLEASE HELP ME Arnold deposits $6,000 into a certificate of deposit that pays 8% interest compounded quarterly . How much interest does his account earn in the first 3 years?
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PLEASE HELP ME

Arnold deposits $6,000 into a certificate of deposit that pays 8% interest compounded quarterly . How much interest does his account earn in the first 3 years?

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User Ron DeSantis
by
7.9k points

1 Answer

6 votes

Answer:

8

Explanation:

answered
User Dubukay
by
8.1k points
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