Business, 04.11.2020 18:10 maddy6882

You want to invest $11,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that pays a nominal rate of 14% that is compounded bimonthly (every two months). What is the effective rate of return that you will earn from this investment

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You want to invest $11,000 and are looking for safe investment options. Your bank is offering you a...