To help pay for new costumes for a play, the Manlius Theater invests $1500 in a 30-month

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To help pay for new costumes for a play, the Manlius Theater invests $1500 in a 30-month CD paying 2.8% interest compounded monthly. Determine the amount the theater will receive when it cashes in the CD after 30 months.

If necessary, round all dollar figures to the nearest cent and round percents to the nearest hundredth of a percent.

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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Question Posted: Jan 13, 2021 04:26 AM

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To help pay for new costumes for a play, the Manlius Theater invests $1500 in a 30-month

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A Survey Of Mathematics With Applications

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