Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
marmech12 marmech12
wrote...
Go to Answer
Posts: 136
Rep: 0 0
A year ago
For amounts between $10,000 and $24,999, a credit union pays a rate of 2.5% on term deposits with maturities in the 91 to 120-day range. However, early redemption will result in a rate of 1.75% being applied. How much more interest will a 91-day $20,000 term deposit earn if it is held until maturity than if it is redeemed after 80 days?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 47 times
1 Reply
Replies
Answer verified by a subject expert
malgrextoutmalgrextout
wrote...
#1
Posts: 151
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

marmech12 Author
wrote...

A year ago
Thank you, thank you, thank you!
Tim0301
wrote...

Yesterday
Good timing, thanks!
rudy.zondo
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1445 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 255
  
 742
  
 1097
Your Opinion
What's your favorite funny biology word?
Votes: 401
Previous poll results: What's your favorite coffee beverage?