Thomas invests $500 in a bank cd. The interest is 2 and it is compounded quarterly. How long will it take before his investment reaches $1000.
A. 30
B. 25
C. 40
D. 35
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Home » Mathematics » Thomas invests $500 in a bank cd. The interest is 2 and it is compounded quarterly. How long will it take before his investment reaches $1000. A. 30 B. 25 C. 40 D. 35