Thursday, 26 January 2017

Question of the Day 26th January 2017

            Leona bought a 1 year $10,000 certificate of deposit that paid interest at an annual rate of 8% compounded semi annually what was the total amount paid on their certificate of maturity?             

             (A)       $10,464                                     

             (B)       $864                                         

             (C)       $816              

             (D)       $800              

             (E)        $480

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