Monday
April 21, 2014

Homework Help: math

Posted by Anonymous on Sunday, January 13, 2013 at 12:36am.

Kerry Stutsman has $500 in a saving account earning .45% interest. She is considering buying a 1-year certificate of deposit (CD) that pays 3.25% interest. What will be the annual difference in her interest earnings between the savings account and the CD?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

business Maths - The main concept to investing is diversify your investments. ...
math - Jennifer invested $2,500 in an account earning 3.5% interest compounded ...
algebra 2 - Jennifer invested $2,500 in an account earning 3.5% interest ...
algebra - Jennifer invested $2,500 in an account earning 3.5% interest ...
algebra 1 - formula A=P(1+r)^t An account earning interest at a rate of 4% has a...
Math - Find the balance in the account. $2,500 principal earning 4%, compounded ...
mathh - rodney opens a saving account and deposits 3000 dollars. the saving ...
algebra - Delila has $1200 in a saving account and in a checking account. The ...
high school - Explain in your own words the difference between an account that ...
Math - Show all work If $7,500 is invested in a savings account earning 5% ...

Search
Members