Mathematics, 21.05.2021 18:30 kaylaamberd

6. Michael bought a $2000 CD (Certificate of Deposit) that pays 2.1% simple interest annually. If he cashes it out in 3 years, how much is the CD worth?
A. $126
B. $2126
C. $12600
D. $212.60

Answers: 1

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6. Michael bought a $2000 CD (Certificate of Deposit) that pays 2.1% simple interest annually. If he...