History, 05.12.2019 06:31 conner87

20. tammy sold a diamond ring for $10,000. she placed half of the money into a cd with a 3.9% interest

rate compounded daily. she placed the other half into a cd with the same interest rate but compounded

monthly. what is the difference in the interest earned on each amount after 4 years?

a. $1.43

b. $2.85

c. $125.31

d. $128.16

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