Hello Soto!

This is very simple. From the table, we get the APY of the bank is 3.90% for the two-year period. Therefore:

30000*3.90% = 1170

The answer would be $1170 in interest.

Soto U.

asked • 10/17/19Suppose you bought a two-year CD for $30,000 from First Command Bank.

Use the APY from the First Command Bank table to determine how much interest it earns for you at maturity.

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Hello Soto!

This is very simple. From the table, we get the APY of the bank is 3.90% for the two-year period. Therefore:

30000*3.90% = 1170

The answer would be $1170 in interest.

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