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OpenStudy (anonymous):
You decide to invest $8000 in a 1-year certificate of deposit (CD) that earns an annual percentage yield (APY) of 5.02% How much will your investment be worth in a year?
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OpenStudy (anonymous):
@welshfella
OpenStudy (caominhim):
principle(1+rate^time)
OpenStudy (anonymous):
help me
OpenStudy (caominhim):
\[8000(1+.0502^{1})\]
OpenStudy (anonymous):
wat is it @caominhim
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OpenStudy (caominhim):
do the math, this is your class, I gave you an equation
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