Mathematics, 05.10.2020 14:01 pennyelaineodom
Katherine invests $7,770 in a six-month money market account giving 5.8% simple annual interest and $12,500 in a
three-year CD giving 7.25% simple annual interest. Assuming that Katherine does not reinvest or renew these
investments, how much money will she have when both investments reach maturity, to the nearest dollar?
a $2,944
b. $15,219
c. $23,214
d. $30,886
Please select the best answer from the choices provided
A
B
Ο Ο Ο Ο
С
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Answers: 1
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Katherine invests $7,770 in a six-month money market account giving 5.8% simple annual interest and...
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