You've put $1500 into a 5-year CD (Certificate of Deposit) that earns 2.7% (APR) compounded monthly. How much would you have at the end of the 5 years? Write out the equation along with your answer.

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skylarann2003 skylarann2003

05-02-2021
Mathematics

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You've put $1500 into a 5-year CD (Certificate of Deposit) that earns 2.7% (APR) compounded monthly. How much would you have at the end of the 5 years? Write out the equation along with your answer.

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