Graduation is 3 years away and you want to have $500 available for a trip. If...
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Graduation is 3 years away and you want to have $500 available for a trip. If your bank is offering a 3-year CD (certificate of deposit) paying 4.4% simple interest, how much do you need to put in this CD to have the money for your trip? Graduation is 3 years away and you want to have $500 available for a trip. If your bank is offering a 3-year CD (certificate of deposit) paying 4.4% simple interest, how much do you need to put in this CD to have the money for your trip?
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