If a married couple invests $\$ 2,000$ in a 1 -year certificate of deposit at $5 \%$ annual interest, compounded daily, how much interest will be earned during the year?
A) $\quad \$ 102.93$
B) $\quad \$ 71.77$
C) $\quad \$ 103.53$
D) $\quad \$ 103.33$
E) $\quad \$ 102.53$

Question

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The Answer of If a married couple invests $\$ 2,000$ in a 1 -year certificate of deposit at $5 \%$ annual interest, compounded daily, how much interest will be earned during the year?
A) $\quad \$ 102.93$
B) $\quad \$ 71.77$
C) $\quad \$ 103.53$
D) $\quad \$ 103.33$
E) $\quad \$ 102.53$

If a Married Couple Invests $2,000\$ 2,000$2,000 In a 1 -Year Certificate of Deposit At

If a Married Couple Invests $\$ 2,000$ In a 1 -Year Certificate of Deposit At