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Mathematics 11 Online
OpenStudy (anonymous):

Cristiana uses $25,000 to purchase a 25 month CD(certificate of deposit) that pays 2.47% compounded monthly. A. What is her investment worth at the end of 25 months? B. How much interest did she earn? I just need help setting this up.

OpenStudy (kropot72):

\[A=25000(1+\frac{0.0247}{12})^{25}\]

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