Question:

Marcus receives an inheritance of 6 000 He decides to invest

Last updated: 5/14/2023

Marcus receives an inheritance of 6 000 He decides to invest

Marcus receives an inheritance of 6 000 He decides to invest this money in a 14 year certificate of deposit CD that pays 5 5 interest compounded monthly How much money will Marcus receive when he redeems the CD at the end of the 14 years Marcus will receive Round to the nearest cent