Question: Macmillan Learning Assume that a 30-month CD purchased for $3000 pays simple interest at an annual rate of 6.5%. How much total interest does

Macmillan Learning Assume that a 30-month CD purchased for $3000 pays simple

Macmillan Learning Assume that a 30-month CD purchased for $3000 pays simple interest at an annual rate of 6.5%. How much total interest does it carn? (Enter your answer rounded to two decimal places.) The CD earns $ What is the balance at maturity? (Enter your answer rounded to two decimal places.) The balance is $ in total interest. at maturity.

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