Would you make more interest by investing five thousand dollars in a 6-month certificate of deposit (CD) at six percent interest or by investing three thousand dollars in a twelve-month CD at four percent interest? Show your work @texaschic101

Question

texaschic101 · Answer

I = PRT
I = (5000)(.06)(.5)
I = 150

I = PRT
I = (3000)(.04)(1)
I = 120

He would make more interest by investing the 5000

anonymous · Answer

thankk you soooo much u da best :D @texaschic101

texaschic101 · Answer

your very welcome :)