A $10,000 90-day term deposit earns 4.5% interest. How much will the depositor have at maturity?
A) $11,825.00
B) $10,110.96
C) $10,112.50
D) $112.50
E) $110.96
Let's find answer to your question.
A $10,000 90-day term deposit earns 4.5% interest. How much will the depositor have at maturity?
A) $11,825.00
B) $10,110.96
C) $10,112.50
D) $112.50
E) $110.96