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Mathematics, 27.03.2020 07:56 Karolina0304

Carl and Florence Lyles have the option of investing their $20,000 in a four-year CD with 5.15% interest compounded annually, 5% interest compounded daily, 5.25% interest compounded monthly, or 5.5% interest compounded quarterly. Which would be the best investment?

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Carl and Florence Lyles have the option of investing their $20,000 in a four-year CD with 5.15% inte...

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