Ask Question
24 May, 21:42

Karen deposited $5,000 as a certificate of deposit (CD) in a bank for a period of 3 years. The CD pays simple interest of 15% per year and pays interest every 6 months. How much interest does she get every 6 months?

+5
Answers (1)
  1. 24 May, 21:51
    0
    Every six months he gains an extra 375 dollars
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Karen deposited $5,000 as a certificate of deposit (CD) in a bank for a period of 3 years. The CD pays simple interest of 15% per year and ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers