What is the value of that cd at the end of the five years, Microeconomics

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What is the value of that cd at the end of the five years

Problem

You open a 5-year CD for $1,000 that pays 2% interest, compounded annually. What is the value of that CD at the end of the 5 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the value of that cd at the end of the five years

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Microeconomics: What is the value of that cd at the end of the five years

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