ethanh7683 ethanh7683

19-10-2018
Mathematics

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Karen depostited $5000 as a certificate of deposit in a bank for a period of 3 years. The certificate or deposit pays a simple interest of 15% per year and pays interest every 6 months. How much interest does she get every 6 months

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lngoc112019 lngoc112019

19-10-2018

Answer:

15% per year

7.5% half year

5000 * 7.5% = $375 every 6 months.

Step-by-step explanation:

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