Annie is considering opening a certificate of deposit (CD) account. The CD account will earn interest. However, it does not allow her to deposit or withdraw money for 2 years. First Bank is offering a CD account with a 1.8% interest rate each month. The interest is compounded. In other words, the interest earned each month will be based on the total account balance from the previous month. Annie has $500 to start the account. (a) Fill in the table, showing the amount of money in the CD account over 4 months. Banks always round down to the nearest cent when necessary.

Question

darkknight · Answer

Can you share the table?

darkknight · Answer

How can we fill in the table if we can't see it?