The National Bank of Mayville quotes an APY of 3.5 percent on a one-year money market...
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The National Bank of Mayville quotes an APY of 3.5 percent on aone-year money market CD sold to one of the small businesses intown. The firm posted a balance of $2,500 for the first 90 days ofthe year, $3,000 over the next 180 days, and $4,500 for theremainder of the year.
How much in total interest earnings did this small businesscustomer receive for the year?
The National Bank of Mayville quotes an APY of 3.5 percent on aone-year money market CD sold to one of the small businesses intown. The firm posted a balance of $2,500 for the first 90 days ofthe year, $3,000 over the next 180 days, and $4,500 for theremainder of the year.
How much in total interest earnings did this small businesscustomer receive for the year?
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The National Bank of Mayville quotes an APY of 3.5 percent on aone-year money market CD sold to one of the small businesses intown. The firm posted a balance of $2,500 for the first 90 days ofthe year, $3,000 over the next 180 days, and $4,500 for theremainder of the year.How much in total interest earnings did this small businesscustomer receive for the year?
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