Donald has $3,000,000 that he does not need right now. If he puts it into a 6

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Donald has $3,000,000 that he does not need right now. If he puts it into a 6 month CD (Certificate of Deposit) earning 1.9% annual simple interest, how much interest will he earn?

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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Posted Date: Apr 06, 2024 04:23 AM

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Donald has $3,000,000 that he does not need right now. If he puts it into a 6

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To calculate the interest Donald will earn on a 6month CD with a principal amount of 3000000 and ... View the full answer

Entrepreneurial Finance

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