2007-03-05 03:03:19 · 5 answers · asked by Jensen 2 in Business & Finance ➔ Personal Finance
No such CD exists currently. If it did, it'd be worth $13,756.17 in 20 years.
2007-03-05 03:07:23 · answer #1 · answered by davidosterberg1 6 · 0⤊ 0⤋
After two decades, a CD nicely worth USD$2,500.00 at a cost of 8.9% APY would be nicely worth $14,980.40 seven. After inflation of roughly 3.0%, this same $14,980.40 seven could have the spending capacity of roughly $8,146.30. Use the 40-year investment calculator on the link under. sturdy success!
2016-10-17 07:51:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
After 20 years, a CD worth USD$2,500.00 at a rate of 8.9% APY will be worth $14,980.47.
After inflation of about 3.0%, this same $14,980.47 will have the spending power of about $8,146.30.
Use the 40-year investment calculator at the link below.
Good luck!
2007-03-05 03:38:38 · answer #3 · answered by Ethan 3 · 0⤊ 0⤋
Google "YTM Calculator". It will give you your answer
2007-03-05 03:08:14 · answer #4 · answered by Anonymous · 0⤊ 0⤋
$13,756.17
2007-03-05 11:12:33 · answer #5 · answered by roger_v_kint 3 · 0⤊ 0⤋