Karen Gaines invested 14 000 in a money market account with an interest rate of...
60.1K
Verified Solution
Link Copied!
Question
Basic Math
Karen Gaines invested 14 000 in a money market account with an interest rate of 3 25 compounded semiannually Seven years later Karen withdrew the full amount to put toward the down payment on a new house How much did Karen withdraw from the account Karen withdrew Round to the nearest cent as needed
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
