if serena invested the 2500 in the cd that she yields at 4% interest, what will the cdbe worthafte 2 years?

Question

Mathematics

Priscilla

19 July, 06:16

if serena invested the 2500 in the cd that she yields at 4% interest, what will the cdbe worthafte 2 years?

+1

Answers (2)

Know the Answer?

James · Answer 1

Your answer would be 2700

Using I=P*r*t

P = 2500

R = 4% (substitue to 0.04)

T = 2 Years

I = 2500 * 0.04 * 2

I = 100 * 2

I = 200

2500+200=

2700

Dean Turner · Answer 2

Your answer would be 2500