Question:

Elliot Chambers invests 30 000 in a 1 year CD that earns

Last updated: 11/3/2023

Elliot Chambers invests 30 000 in a 1 year CD that earns

Elliot Chambers invests 30 000 in a 1 year CD that earns interest at an annual rate of 3 75 compounded monthly a What is the amount of the CD at maturity b What is the interest earned