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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.)

/in /by

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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