Michael invests $2,600 into a certificate of deposit (cd). If he earns 4.5% interest, how long will it take for him to earn $234 in simple interest?

What is the value of r of the geometric series?

Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88

Compare the following pair of numbers a and b in three ways. a. find the ratio of a to b. b. find the ratio of b to a. c. complete the sentence: a is percent of b. a=120 and b=340 a. the ratio of a to b is . b. the ratio of b to a is . c. a is nothing percent of b.