Florence tyler invests $6,500 in a 4-year certificate of deposit that earns interest at an annual rate of 5% compounded daily. the amount per $1.00 is 1.221386. what is the interest earned to the nearest cent?

The total interest earned is $1,439.

Step-by-step explanation:

Consider the provided information:

Florence Tyler invests $6,500 in a 4-year certificate of deposit that earns interest at an annual rate of 5% compounded daily.

Now, Use the formula:

Where, A is the total amount (after adding interest), P is the principal (investment or loan), r is the interest rate, n is compound, and t is the time (in years).

Therefore total interest earned is:  

$7,939.00 - $6500 = $1,439.00

Hence, interest earned is $1,439.

c. (3,2,6) is the answer.

positive

step-by-step explanation:

the quadrant is facing upwards