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Mathematics, 04.02.2022 16:50 dmgcity
Genet Spurlock can invest $25,000 at 5.25 percent in a l-year CD
compounded quarterly or a 1-year CD compounded daily. What is the
amount of the CD at maturity for each rate? What is the difference in the
interest earned?
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Answers: 2
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Genet Spurlock can invest $25,000 at 5.25 percent in a l-year CD
compounded quarterly or a 1-year...
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