Answer: $53.125
Explanation:
From the question, we are informed that Lisa is depositing $2,500 in a six-month CD that pays 4.25% interest. The amount of interest that she will accrue if she holds the CD until maturity will be calculated thus:
Interest = Principal × Rate × Time
= $2500 × 4.25% × 6months
= $2500 × 0.0425 × 6/12
= $53.125
Therefore, the amount of interest that she will accrue if she holds the CD until maturity is $53.125.
