Question:

At the end of every 3 months Mayan deposits 200 into an

Last updated: 7/25/2023

At the end of every 3 months Mayan deposits 200 into an

At the end of every 3 months Mayan deposits 200 into an account that pays 5 compounded quarterly After 2 years she puts the accumulated amount into a certificate of deposit paying 6 compounded monthly for 1 year When this certificate matures how much will Mayan have accumulated How much interest was earned overall