We use cookies to personalise content and advertisements and to analyse access to our website. Furthermore, our partners for online advertising receive pseudonymised information about your use of our website. cookie policy and privacy policy.
 
+0  
 
0
233
2
avatar

Karen deposited $5,000 as a certificate of deposit (CD) in a bank for a period of 3 years. The CD pays simple interest of 15% per year and pays interest every 6 months. How much interest does she get every 6 months?

 Dec 13, 2018
 #1
avatar+18455 
+1

5000 * .15  x 1/2 = $375 each 6 months

 Dec 13, 2018
 #2
avatar
0

Karen also took my kids away after she filed the divorce

 Dec 13, 2018

8 Online Users

avatar
avatar