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22-02-2021
Mathematics

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Jim invested $750 in a 3-year CD that earns 4.2% annual interest that is compounded monthly. How much will the CD be
worth at the end of the 3-year term? Include the dollar sign in your answer, and round to the nearest cent.
Provide your answer below:

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isisweaver isisweaver

22-02-2021

Answer:

4.2% of 750 = 31.5

31.5 * 3 = 94.5

~Hope this helps~

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