Mathematics, 26.01.2021 18:30 lavelma2011
Tammy sold a diamond ring for $10,000. She placed half of the money into a CD with a 3.9% interest
rate compounded daily. She placed the other half into a CD with the same interest rate but is compounded
monthly. What is the difference in the interest earned on cach acount after 4 years?
a $5,844.08
c. $1.43
b. $14.30
d. $5,842.65
OA
OB
Answers: 1
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