anonymous
  • 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?
Mathematics
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anonymous
  • 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?
Mathematics
katieb
  • katieb
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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anonymous
  • anonymous
caominhim
  • caominhim
principle(1+rate^time)
anonymous
  • anonymous
help me

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caominhim
  • caominhim
\[8000(1+.0502^{1})\]
anonymous
  • anonymous
wat is it @caominhim
caominhim
  • caominhim
do the math, this is your class, I gave you an equation

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