Desha asked:
A 6 month certificate of deposit of $4000 that pays 6% compounded monthly. What is the future value at the end of investment? How much interest would be invested at the end of the period? What would be the effective rate?”
1st deposit
A 6 month certificate of deposit of $4000 that pays 6% compounded monthly. What is the future value at the end of investment? How much interest would be invested at the end of the period? What would be the effective rate?”
1st deposit
