What is the future value of a $1000 dollar CD invested at a rate of 4.5% that earned simple interest for 9 years?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 51E
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Enrolled CC-Workplace Math 11 NEW 17915
Vorkplace Math 11 NEW 17915| Activation Assignment / Activation Assignment Quiz
What is the future value of a $1000 dollar CD invested at a rate of 4.5% that earned simple interest
for 9 years?
Select one:
O a.
$405
Ob. $145
O c.
$1405
$1145
ge
ver Key for Review Assignment for
Activation Assignment Quiz
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TI Emulator Installat
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21
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Transcribed Image Text:A moodle.openschool.bc.ca of 22) To https://moodle.openschool.bc.ca/pluginfile.php/1219807/mod_resource/conter Enrolled CC-Workplace Math 11 NEW 17915 Vorkplace Math 11 NEW 17915| Activation Assignment / Activation Assignment Quiz What is the future value of a $1000 dollar CD invested at a rate of 4.5% that earned simple interest for 9 years? Select one: O a. $405 Ob. $145 O c. $1405 $1145 ge ver Key for Review Assignment for Activation Assignment Quiz Jump to. TI Emulator Installat ad (Log out) 21 TOO
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