SharelleScott13 SharelleScott13

02-11-2020
Mathematics

contestada

How much simple interest would be earned on a certificate of deposit worth

$2,000 over a period of 5 years with an interest rate of 2%?

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jk77574 jk77574

02-11-2020

Answer:

Interest = $208

Step-by-step explanation:

At the end of 5 years, your savings will have grown to $2,208.

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