Mathematics, 26.04.2021 22:40 Truezoe09
(SIMPLE INTEREST PROBLEMS)
Terry invests $6,000 in a CD at an annual interest rate of 7%. What will his investment be worth at the end of six months?
A $1,595 deposit for 10 years at a simple interest rate of 8%.
( Explanation AND answer are needed for BOTH problems! )
BONUS = BRAINLIEST
Explain the benefit of investing your money into an account that earns simple interest. (a short paragraph; max: 4 lines)
Answers: 1
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(SIMPLE INTEREST PROBLEMS)
Terry invests $6,000 in a CD at an annual interest rate of 7%. What wil...
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