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OpenStudy (anonymous):
HELP PLEASE!! D: I'm giving an award!!! D:
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OpenStudy (anonymous):
Would you make more interest by investing $3,000 in a 6-month certificate of deposit (CD) at 3% interest or by investing $1,000 in a twelve-month CD at three point 5% interest? Show your work.
OpenStudy (anonymous):
OpenStudy (kamibug):
Well, see how much it would be for both and then see which is more money. Let's figure out how much the first one is. You start with 3,000 and then for 6 months you go adding 3%. What do you think the first step is?
OpenStudy (anonymous):
Hmmm..
OpenStudy (anonymous):
Let me see..
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OpenStudy (kamibug):
Well what is 3 x 6?
OpenStudy (anonymous):
18
OpenStudy (anonymous):
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