You've put $1500 into a 5-year CD (Certificate of Deposit) that earns 2.7% (APR) compounded monthly. How much would you have at the end of the 5 years? Write out the equation along with your answer.

When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates. if you have a multiple-unit rate such as 120 students for every 3 buses, and want to find the single-unit rate, write a ratio equal to the multiple-unit rate with 1 as the second term.