Lori buys a $459 certificate of deposit (cd) that earns 5.6% interest that compounds monthly. how much will the cd be worth in 6 years? (express your answer rounded correctly to the nearest cent! )

Lori buys a $459 certificate of deposit (CD) that earns 5.6% interest that compounds monthly.

Compound interest formula is

P = principal amount  

r  = annual rate of interest  

t  = number of years  

A = amount of money  after n years, including interest.  

n  =  number of times the interest is compounded per year  

Given P = 459

r= 5.6% = 0.056

t = 6

compounded monthly means n = 12

Plug in all the values in the formula

A= 456* 1.3982456

A= 637.60

CD will be $637.60 worth in 6 years

spinning a 1, 2, or 3. option d.

step-by-step explanation: when spinning a number graph up to 4, and aiming for any number less than 3, that automatically eliminates the number 4. now you have two numbers to spin on that are less than 3, but the number 3 is included in this question because it's no greater of an number than itself. i hope this you : )

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step-by-step explanation: