Question:

# Vanessa wants to buy a CD for 500 that earns 3 APR and is

Last updated: 1/19/2024

Vanessa wants to buy a CD for 500 that earns 3 APR and is compounded quarterly The CD matures in 2 years She will be paid the interest she earns each quarter How much interest will Vanessa have earned on this CD after the first quarter OA 2 50 O B 3 75 O C 1 25 OD 15 00