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2 November, 23:51

Emilee put 3000 in a 2 year cd paying 4% interest, compounded monthly. After 2 years, she withdrew all her money. What was the amount of the withdrawal?

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  1. 3 November, 00:12
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    3,000 * (1+0.04:12) ^ (24)

    =3,249.43
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