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anonymous
 one year ago
You decide to invest
$8000
in a 1year certificate of deposit (CD) that earns an annual percentage yield (APY) of
5.02%
How much will your investment be worth in a year?
anonymous
 one year ago
You decide to invest $8000 in a 1year certificate of deposit (CD) that earns an annual percentage yield (APY) of 5.02% How much will your investment be worth in a year?

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0principle(1+rate^time)

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0\[8000(1+.0502^{1})\]

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0wat is it @caominhim

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0do the math, this is your class, I gave you an equation
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