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OpenStax, Contemporary Mathematics §6.6 Methods of Savings · Example 2 · Arithmetic · Money & interest

Methods of Savings · Example 2

Silvio deposits $10,000 in a CD that yields 2.17% compounded semiannually for 5 years. How much is the CD worth after 5 years?

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OpenStax, Contemporary Mathematics · §6.6 Methods of Savings · Example 2

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