SOLUTION: If I had $40,000 and put it into a 6 month CD with an interest rate of 1.35%, how much would I have at the end of 6 months?

SOLUTION: If I had $40,000 and put it into a 6 month CD with an interest rate of 1.35%, how much would I have at the end of 6 months?

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Question 384506: If I had $40,000 and put it into a 6 month CD with an interest rate of 1.35%, how much would I have at the end of 6 months?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
(40000*0.0135)/2=270
40000+270=40270
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