Question:

John deposits $2600 into a 3-year CD earning 4.25% interest

Last updated: 8/13/2022

John deposits $2600 into a 3-year CD earning 4.25% interest

John deposits $2600 into a 3-year CD earning 4.25% interest compounded daily. a. How much money will he have when the CD matures in 3 years? (2 points)