Larissa invested $19,000 in an eleven-year CD giving 7.5% interest, but needed to withdraw $2,500 after four years. If the CD’s penalty for earlywithdrawal was one year’s worth of interest on the amount withdrawn, how much money did Larissa have when the CD reached maturity, not including the amount she withdrew
A=2000(1+.05)^4
A=2000(1.05)^4
A= $2,431.01
After 4 years there will be $2,431.01 in the account.
I think the answer is 38......,
Answer:
D
Step-by-step explanation:
The total cost will be $20.21 because if u do $0.44×16 it will be $7.26 then, you will add $7.26+$12.95 together and get $20.21.
