Question:

PRACTICE ANOTHE Mary Stahley invested 1500 in a 24 month

Last updated: 3/24/2023

PRACTICE ANOTHE Mary Stahley invested 1500 in a 24 month

PRACTICE ANOTHE Mary Stahley invested 1500 in a 24 month certificate of deposit CD that earned 8 5 annual simple interest When the CD matured she invested the full amount in a mutual fund that had an annual growth equivalent to 18 compounded annually How much was the mutual fund worth after 11 years Round your answer to the nearest cent