Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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Question

A youth sports league held various fundraisers. They received

​$310

from a car​ wash,

​$239

from a bake​ sale, and

​$631

from a used equipment sale. The league decides to invest this money in a

5

year CD that pays

3.9​%

interest compounded

daily.

How much will the league receive from the CD in

5

​years?

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