Haley invests $16,820 in a nine-year CD bearing 5.8% interest, and $21,950 in an online savings account giving 3.0% interest. When the CD reaches maturity, how much more interest will it have generated than the savings account?a.$5,129.72b.$3,650.32c.$2,853.54d.$2,276.46

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Revolt · Accepted Answer

C

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Haley invests $16,820 in a nine-year CD bearing 5.8% interest, and $21,950 in an online savings account giving 3.0% interest. When the CD reaches maturity, how much more interest will it have generated than the savings account?a.$5,129.72b.$3,650.32c.$2,853.54d.$2,276.46

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