This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: On April 1, Alex deposited $2,000 in an MMDA that pays 3% interest. On July 1, Alex invested $3,000 ... (Read 358 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Apr 13, 2019

On April 1, Alex deposited $2,000 in an MMDA that pays 3% interest. On July 1, Alex invested $3,000 in a six-month CD that pays 6% interest. How much total interest will Alex have earned by December 31?


◦ $90.00
◦ $45.00
◦ $135.00
◦ $240.00
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by formula1 on Apr 13, 2019

ju

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Apr 13, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


formula1

  • Hero Member
  • *****
  • Posts: 666
Reply #2 on: Apr 13, 2019
TY


ju

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: Apr 13, 2019
You're welcome


« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

An Example of a Midlatitude Cyclone: April 17 An Example of a Midlatitude Cyclone: April 17
How to solve a linear algebraic bank interest problem with two unknowns How to solve a linear algebraic bank interest problem with two unknowns
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
What principal will earn $77.14 interest at 6.65% p. What principal will earn $77.14 interest at 6.65% p.
April 4 2023 April 4 2023
Video: ribosome

For a complete list of videos, visit our video library