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1 October, 00:11

Suppose you buy a CD for $250 that earns 3% APR and is compounded quarterly. The CD matures in 5 years, assume that is funds are withdrawn before the CD matures. The early withdrawal fee is 3 months interest. what is the early withdrawal fee on the account?

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Answers (2)
  1. 1 October, 01:55
    0
    I got $1.88 For apex
  2. 1 October, 03:10
    0
    Its 500 because you mutiply
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