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30 May, 10:43

You saved $10,943.89 in an emergency fund. One fourth is in a regular savings account at a 3.5% APR and the remainder is in a 30-day CD at a 4.57% APR. what is the difference in the amount of interest in 30 days between the two savings instruments?

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  1. 30 May, 13:21
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    4.57%-3.5%

    =1.07%

    (0.0107*10,943.89) : 12

    =9.76
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