Kesha received a $1600 bonus. She decided to invest it in a 3 year Certificate of deposit (CD) With an annual interest rate of 1.31% compounded quarterly. Round your answers to the nearest cent. (A) Assuming no withdrawals are made how much money is in Kesha's account after 3 years (B) How much interest is earned on Keshi's investment after 3 years

Answer rating: 100% (QA)

To solve this problem we can use the formula for compound interest A P1 rnn... View the full answer