random question

Parent Cafe
1

<p>If I were to put $2,000 on a CD and let it sit for 4 years with 5% interest how much money in interest would it gain?</p>

2

<p>$431, assuming 5% interest per year.
There are tons of future value calculators on the internet like this one:</p>

<p><a href=“http://1040tools.com/html/wc.dll?cptest1~calc2~fv~my[/url]”>http://1040tools.com/html/wc.dll?cptest1~calc2~fv~my&lt;/a&gt;&lt;/p&gt;

<p>Here’s one for future value of an annuity:</p>

<p><a href=“http://www.investopedia.com/calculator/AnnuityFV.aspx[/url]”>http://www.investopedia.com/calculator/AnnuityFV.aspx&lt;/a&gt;&lt;/p&gt;