Larissa has opened a CD (a Certificate of Deposit, a type of investment which pays simple interest)

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Question:

Larissa has opened a CD (a Certificate of Deposit, a type of investment which pays simple interest) at

Canandaigua Federal Bank by depositing $27,392.04.

The term of the CD is 4 years, and it pays 0.44% simple

interest.

How much will she have in this account at the end of the term

Posted Date: May 13, 2024 08:08 AM

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Larissa has opened a CD (a Certificate of Deposit, a type of investment which pays simple interest)

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