You are planning to invest $$20,000$ in a bank certificate of deposits $($CD$)$ for $3$ years @ $7\%$ interest. What is the future value of your

investment?

O $24500\mathrm{.}86$$

O $23580\mathrm{.}62$$

O $24488\mathrm{.}70$$

O $24001\mathrm{.}983$