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12 August, 08:48

Heather plans to invest $5,000 for 8 years. Capitol Bank offers an 8 year CD at an annual rate of 5% using simple interest. How much is his invest worth at the end of the 8 years?

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  1. 12 August, 09:32
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    16000

    Step-by-step explanation:

    .05*8=.40

    5,000*8=40000

    40000*.40 = 16000
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