Lisa is depositing $ 2,500 in a six-month CD that pays 4.25% interest. How much interest will she accrue if she holds the CD until maturity?
Answer to relevant QuestionsTravis has invested $ 3,000 in a three-month CD at 4%. How much will Travis have when the CD matures? Return on T- bills. Lauren purchased a $ 40,000 T- bill for $ 38,400. A few months later, Lauren sold the T- bill for $ 39,000. What was Lauren’s return on the T- bill? Discuss steps you can take to safeguard your personal information. What are three advantages of using a credit card? Can you think of any disadvantages? What information will you need to supply when applying for credit? What kinds of attributes are creditors looking for? Do you need to have all these attributes to get credit?
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