Computing CD Interest. A certilicate of deposit will often result in a penally for withdrawing funds

before the maturity date. If the penally involves two months of interest, what would be the amount for eally withdrawal on a $$20,000,4$ percent CDP

Computing APY. What would be the annual percentage yield for a savings account that earned $$56$ in

interest on $$800$ over the past $365$ days?

Computing Checking Account Balance. Based on the following information, determine the true balance

in your checking account. $($See the related Financial Literacy Calculations feature.$)$

Balance in your checkbook, $$856$

Balance on bank statement, $$472$

Service charge and other fees, $$15$

Interest eamed on the account, $$4$

Total of outstanding checks, $$187$

Deposits in transit, $$60$