What is the interest earned on a Cd that compounds interest QUARTERLY for 6 months Lump sum

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What is the interest earned on a Cd that compounds interest QUARTERLY for 6 months

Lump sum is 95,211.60

Annual percentage yield is 2.02%

Do work in Excel Please

Related Book For answer-question

Accounting What the Numbers Mean

ISBN: 978-0073527062

9th Edition

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,

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Posted Date: Feb 02, 2023 12:22 AM

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What is the interest earned on a Cd that compounds interest QUARTERLY for 6 months Lump sum

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Accounting What the Numbers Mean

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