WebIf the CD matures on her 11th birthday, how much money will be available? The amount available will be $ 3477.82 (Simplify your answer. Round to the nearest cont.) Question: On Melissa's 6th birthday, she gets a $3000 CD that earns 3% Interest, compounded quarterly. If the CD matures on her 11th birthday, how much money will be available? WebOn Melissa's 6th birthday, she gets a $5000 CD that earns 6% interest, compounded quarterly. If the CD matures on her 14th birthday, how much money will be available? round to the nearest cent We don’t have your requested question, but here is a suggested video that might help.
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Web4 de jul. de 2024 · On Melissa's 6th birthday, she gets a $3000 CD that earns 7% interest, compounded quarterly. If the CD matures > Receive answers to your questions. SIGN-UP LOGIN. Subjects. Math - Others. Basic Math. Question: On Melissa's 6th birthday, she gets a $3000 CD that earns 7%. Last updated: 7/4/2024. WebOn Melissa’s sixth birthday she gets a $2000 CD that earns 6% interest compounded semiannually. If the CD matures on her 14th birthday how much money will be available. 6 comments. share. ... Top posts march 6th 2024 Top posts of march, 2024 Top posts 2024. help Reddit coins Reddit premium. fishing vacation packages in tennessee
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WebQuestion 547058: On Melissas's 6th birthday, she gets a $3000 CD that earns 4% interest, compounded quarterly. If the CD matures on her 13th birthday, how much money will be … Webn = 2*8 = 16 total number of compounding periods. A = future value (the money available on the maturity date) A = P (1 + i)^n. A = 6000 (1 + 0.025)^16. by solving we find. A = $8,907.03. click here to see the step by step calculation. Click to see all the steps. $8,907.03 will be available on her 14th birthday. WebQuestion: On Melissa's 6th birthday, she gets a $4000 CD that earns 4% interest, The amount available will be compounded quarterly. If the CD matures on her 11th birthday, … fishingvacationschool.com