Mathematics, 09.10.2019 09:00 kdtd3163
If you had invested only 1 month´s worth of the emergency fund in the savings account at a 3.15% apr and the remainder in the 45-day cd at a 4.65% apr. what is the difference in the interest earned in 45 days when compared with question three? question three was- your fixed expenses are $1,500.45 a month. your emergency fund has four month´s worth of coverage. you invest half in a savings account with an interest rate of 3.15% apr and the other half in a 45-day cd with an interest rate of 4.65% apr. how much is your total interest in 45 days? i got $28.85 for this.
Answers: 3
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