Posted by **deb** on Sunday, June 12, 2011 at 7:45pm.

Mr. puts $10,000 into a CD that pays 8.5% interest compounded monthly. If he keeps the money invested for 10 years, what will be the value at the end of 10 years?

## Answer This Question

## Related Questions

- Math - Please check my work, thank you If $7,800 is deposited into an account ...
- math - If $15,000 is invested at an interest rate of 10% per year, compounded ...
- Finite Math and Applied Calculus - Betty Sue sets up a retirement account. For ...
- PLEASE HELP Math - As a fringe benefit for the past 8 years, Colin's employer ...
- algebra - $7,000 is invested into two accounts: 4,000 into an account paying 5% ...
- Plz Hel, word problem:) - I have tried hard to solve, but I'm stuck.... Letâ€™s ...
- econ - You are making $1,000 monthly deposits into a fund that pays interest at ...
- Mathematics and investment - 1. Angelo wants to renovate his house in 3 years. ...
- Algebra - Greta invests $10,000 in an investment that pays 3% interest, ...
- Calc - A person deposits money into a retirement account, which pays 7% interest...

More Related Questions