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    spinellimk's Avatar
    spinellimk Posts: 2, Reputation: 1
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    #1

    Jan 5, 2008, 08:32 AM
    Cd interest
    How much interest will accrue on a cd $27000 6 month @ 5.35%?
    spinellimk's Avatar
    spinellimk Posts: 2, Reputation: 1
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    #2

    Jan 5, 2008, 08:35 AM
    Quote Originally Posted by spinellimk
    how much interest will accrue on a cd $27000 6 month @ 5.35%?
    How much interest will accrue on a 6month cd, $27,000 @ 5.35%
    Fastfun1's Avatar
    Fastfun1 Posts: 80, Reputation: 11
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    #3

    Feb 1, 2008, 04:46 PM
    CDs are fixed rate. What is $27,000 x 1.0535? Divide that figure by 2 and subract it from 1/2 of $27,000, as you are using only half the year. There you go... $722.. By the way 5.35% is pretty aggressive. Might as well leave it in for 12 months.
    sarahburger's Avatar
    sarahburger Posts: 1, Reputation: 1
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    #4

    Feb 14, 2008, 01:50 PM
    How much interest will accrue on a CD $1500.00 6 months @ 3.68%
    Fastfun1's Avatar
    Fastfun1 Posts: 80, Reputation: 11
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    #5

    Feb 14, 2008, 08:55 PM
    Quote Originally Posted by sarahburger
    how much interest will accrue on a CD $1500.00 6 months @ 3.68%
    $27.60
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