Larissa invested $19,000 in an eleven-year cd giving 7.5% interest, but needed to withdraw $2,500 after four years. if the cd’s penalty for early withdrawal was one year’s worth of interest on the amount withdrawn, how much money did larissa have when the cd reached maturity, not including the amount she withdrew? a.$13,612.50b.$30,675.00c.$30,112.5 0d.$14,175.00update: answer b

b. $30,675.00

Judging by the answer choices, the CD only earns simple interest.

The account balance at the end of 11 years will be the sum of ...

The interest amounts are ...

interest on 16,500

... I = Prt = 16500×0.075×11 = 13,612.50

interest on 2500

... I = Prt = 2500×0.075×3 = 562.50

Total Account Value

This is the sum listed in the bullet points above:

... account value = $16,500 +13,612.50 +562.50

... account value = $30,675.00

false

step-by-step explanation:

a28=58

step-by-step explanation:

a1=a1+(n-1)d

a28= 4+ (28-1)2

a28=4+(27)(2)

a28=4+54

a28=58