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Mathematics, 18.02.2021 18:30 memorybuxton

N 2. Jerry has two choices, one is depositing $3,000 in a certificate of deposit that pays 2.8% interest,
compounded annually for 4 years. The other is depositing $3,000 at 2.8% with simple interest for 4 years.
Which is better and by how much?

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Answers: 1

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N 2. Jerry has two choices, one is depositing $3,000 in a certificate of deposit that pays 2.8% int...

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