SOLUTION: How much money in dollars should a person deposit in a 6-months certificate of deposit CD that earns 9% simple interest in order to have $4000 when the CD matures at the end of the
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Question 1019585: How much money in dollars should a person deposit in a 6-months certificate of deposit CD that earns 9% simple interest in order to have $4000 when the CD matures at the end of the 6 months? Round your answer up to the nearest cent.
