You saved $10,943.89 in an emergency fund. One fourth is in a regular savings account at a 3.5% APR, and the remainder is in a 3
0-day CD at a 4.57% APR. What is the difference in the amount of interest earned in 30 days between the two savings instruments?
2 answers:
Bria ordered 145 centimeters of fabric. Jayleen ordered 1.5 meters of fabric. Who ordered more fabric?
4.57%-3.5% = 1.07%
1.07% of $10,943.89 divided by 12 = $9.76
The answer is
☞ $9.76
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