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A bank offers a CD that pays a simple interest rate of 4 5 How much must you put in this CD now in order

A bank offers a CD that pays a simple interest rate of 4 5 How much must you put in this CD now in order to have 4000 for a graduation trip in 3 years You must put in this CD now in order to have 4000 for a graduation trip in 3years Round up to the nearest cent

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