Mathematics, 17.12.2020 01:20 109077

Theresa Mitsoto invested $3,500 in a 3-year CD that paid 6.5% annual interest. She cashed out the CD at the end of two years with an early withdrawal penalty of 4 months simple interest. What penalty did Theresa pay?

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Theresa Mitsoto invested $3,500 in a 3-year CD that paid 6.5% annual interest. She cashed out the CD...