Question:

You deposit 3 000 in a certificate of deposit paying 6

Last updated: 6/22/2023

You deposit 3 000 in a certificate of deposit paying 6

You deposit 3 000 in a certificate of deposit paying 6 interest compounded monthly How much will you have in the account after 20 years Write down this question in your notebook You will need it for another question Is this a Simple Interest Compound Interest or Annuity Problem Explain in complete sentences why you chose this answer