Question:
Hank invested $700 in a CD that had a 7.5% APR and was
Last updated: 8/4/2022
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Hank invested $700 in a CD that had a 7.5% APR and was compounded quarterly. If Hank had the CD for 12 years, what would the total worth of the CD be at the end of 12 years? (A) $1707.43 (B) $1207.43 (C) $1007.43