A bank offers a cd that pays a simple interest rate of 95


A bank offers a CD that pays a simple interest rate of 9.5?%. How much must you put in this CD now in order to have ?$2000 for a? home-entertainment center in 5 years.

?(Round up to the next? dollar, as ?needed.)

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Basic Statistics: A bank offers a cd that pays a simple interest rate of 95
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