Solved

You Have $5000 Invested in a 30-Day Savings Certificate at an Interest

Question 70

Multiple Choice

You have $5000 invested in a 30-day savings certificate at an interest rate of 1.00%. How much money will you have when the certificate matures?


A) $5004.11
B) $5040.11
C) $5400.11
D) $4.11
E) $4500.11

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions