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A bank offers a CD that pays a simple interest rate of 1.5%. How much must you put in this CD now in order to

A bank offers a CD that pays a simple interest rate of 1.5%. How much must you put in this CD now in order to have $2,000.00 for a graduation trip in 2 years, you must put to have $2000 for a graduation trip in 2 years. (Round up to the nearest cent.)

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