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OpenStudy (anonymous):
@lulu22 @mihai Ethan put $4000 in a 2-year CD paying 5% interest, compounded monthly. After 2 years, he withdrew all his money. What was the amount of the withdrawal? A. $4254.41 B. $4244.45 C. $4000.00 D. $4419.76
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OpenStudy (anonymous):
if he withdrew his money it would 4244.45
OpenStudy (anonymous):
@divagirl421
OpenStudy (mihai):
it would be D remember it compounds monthly
OpenStudy (anonymous):
APEX: $4419.76 CONFIRMED!
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