Emily gast deposits $50,000 in a 4-year cd that earns interest at an annual rate of 5.25% compounded daily. (a) find the amount of the cd in 4-years. (b) find the interest earned in 4-years

A.) $61682.97

B.) $11,682.97

Step-by-step explanation:

Initial deposit (A) = $50000

Period(t) = 4 years

Interest(r) = 5.25% annually,

n = number of times interest is compounded

Amount of the CD in four years :

Compound interest formula :

A = final amount

A = P(1 + r/n) ^nt

A = $50,000( 1 + (0.0525/365))^365×4

A = $50,000( 1 + 0.00014383562)^1460

A = $50,000(1.00014383562)^1460

A = $50,000(1.23365943637930)

A = $61682.9718189651

B.) Interest = $61682.97 - $50,000

Interest = $11,682.97

answer: 7270

step-by-step explanation:

step-by-step explanation:

two pairs of adjacent sides are of equal length. this implies that one diagonal divides the kite into congruent triangles, and so the angles between the two pairs of equal sides are equal in measure. it also implies that the diagonals are perpendicular.