Multiple Choice
You inherit $15,000 from your aunt. You decide to invest the money in a three-year CD that pays 4% interest to use as a down payment on a house. How much money will you have when the CD matures?
A) $13,334.95
B) $15,600.00
C) $16,800.00
D) $16,872.96
Correct Answer:
Verified
Correct Answer:
Verified
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