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weqwewe [10]
3 years ago
10

Jake invested $7,500 in a 5-year CD that

Mathematics
1 answer:
erik [133]3 years ago
8 0

D. $8,962.50

P stands for principal

R stands for rate

T stands for time

A=$7,500(1+ (0.039×5))=$8,962.5

A=$8,962.50

So Jake will have $8,962.50 of interest after 5 years.

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