Answer:
The amount that this CD will be worth at maturity would be $935.90. The right answer is B.
Step-by-step explanation:
In order to calculate How much will this CD be worth at maturity we would have to use and calculate the formula of future value as follows:
Future Value=Present value×(1+i/n)∧nt
Future Value=$810×(1+2.9%/4)∧(4×5)
Future Value=$935.90
The amount that this CD will be worth at maturity would be $935.90
Can you elaborate? because i don’t understand what topic
No because 6/6 is equivalent to 1 and 3/5 is less than 1. Hope this helps! :)
The elements found in greatest abundance in the Earth include oxygen, silicon, aluminum, iron and calcium; these substances also make up the bulk of the moon. Although the moon is a<span>n airless world, it has large amounts of oxygen in the form of solid chemical compounds.</span>