Manda has $1,500 to invest. She invested this money in a certificate of deposit that pays 5.75% over 2 years. How much interest will the certificate deposit pay at the end of the 2-year period?
A.) $172.50
B.) $168.75
C.) $16.88
D.) $17.25
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Home » Mathematics » Manda has $1,500 to invest. She invested this money in a certificate of deposit that pays 5.75% over 2 years. How much interest will the certificate deposit pay at the end of the 2-year period? A.) $172.50 B.) $168.75 C.) $16.88 D.) $17.25