SOLUTION: How much would $17,000.00 be worth in 9 years if invested in a CD at 1.5% interest rate of return.

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Question 607384: How much would $17,000.00 be worth in 9 years if invested in a CD at 1.5% interest rate of return.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,

How much would $17,000.00 be worth in 9 years if invested at 1.5% 

A = 17000(1+ .015)^9

A = 17000(1.015)^9 = $19,437.63