Savings Plans On January 1, Kim places $1000 in a certificate of deposit that pays 6.8%
Chapter 6, Problem 50(choose chapter or problem)
Savings Plans On January 1, Kim places $1000 in a certificate of deposit that pays 6.8% compounded continuously and matures in 3 months. Then Kim places the $1000 and the interest in a passbook account that pays 5.25% compounded monthly. How much does Kim have in the passbook account on May 1?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer