How much total interest when the CD matures would you earn if you deposited $1,000 into a CD with a 42 month term with a 2.12% annual interest rate?  Group of answer choices $792.30 $890.40 $74.20 $79.23

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 40E
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Question 6
How much total interest when the CD matures would you earn if you deposited $1,000 into a CD with a 42 month term with a 2.12% annual interest rate? 
Group of answer choices
$792.30
$890.40
$74.20
$79.23
 
Question 7
What was the annual interest rate if a CD earned $161.46 on a principal of $2,500 over 25 months?
Group of answer choices
3%
3.2%
2.9%
3.1%
 
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