Find the value of a $3,000 certificate in 2 years, if the interest rate is 10% compounded annually.
Please round the answer to the nearest cent.
The value will be $ __________.
Correct Answer:
Verified
Q289: If $16,000 is invested at 8% for
Q290: Find the monthly payment for the loan.
Used-car
Q291: Round the number to the nearest hundred.
Q292: Calculate the amount of simple interest earned.
$6,000
Q293: If $3,000 is compounded annually at 6.5%
Q295: Find the monthly payment for the loan.
Q296: Round the number to the nearest tenth.
Q297: Round the number to the nearest hundred.
Q298: Round the number to the nearest tenth.
Q299: Find the monthly payment for the loan.
Finance
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