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Determine the balance in rita account

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Before beginning college, Rita Rivera's parents deposited $ 15,000 in a 5-year certificate of deposit (CD) with Liberty Bank that pays 4% interest. Rita will receive the money, plus interest, if she finishes her high school at the end of the 5 years. Determine the balance in Rita's account after 5 years.

Reference no: EM132811943

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