Marcus receives an inheritance of 4 000 He decides to invest this money in a 12 year certificate of deposit CD that pays 3 5

Question

Marcus receives an inheritance of 4 000 He decides to invest this money in a 12 year certificate of deposit CD that pays 3 5 interest compounded monthly How much money will Marcus receive when he redeems the CD at the end of the 12 years Marcus will receive Round to the nearest cent www

Kunduz · Accepted Answer

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