if serena invested the 2500 in the cd that she yields at 4% interest, what will the cdbe worthafte 2 years?

Question

Mathematics

Lydon

25 February, 05:17

if serena invested the 2500 in the cd that she yields at 4% interest, what will the cdbe worthafte 2 years?

+3

Answers (2)

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Giuliana Parker · Answer 1

Your answer would be 2700

Using I=P*r*t

P = 2500

R = 4% (substitue to 0.04)

T = 2 Years

I = 2500 * 0.04 * 2

I = 100 * 2

I = 200

2500+200=

2700

Harper Lyons · Answer 2

Harper Lyons 25 February, 07:36

0

Your answer would be 2500