Question

Matthew deposited $2000 into a certificate of deposit with a rate of 11.5% for 1 year. How much money did he have in the account after 6 months?

Answer 1

$333.33 that is the answer

Answer 2

$333.33

Explanation:

After 6 months they would have $333.33 because $2,000 divided by 6 is 333.33.

Hope this helps.