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-01.18.26 Submit Test er IS Question. 4 pts 47 of 40 (O complete) This Test: 160 pts possib Assume that you are willing to postpone

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-01.18.26 Submit Test er IS Question. 4 pts 47 of 40 (O complete) This Test: 160 pts possib Assume that you are willing to postpone consumption of $1,000 today and buy a certificate of deposit (CD) at your local bank with the $1,000 Holkding the CD for one year provdes you with an 8% reward lor sa ng or postporing consumpton This reward lor postponing consumption imples that at the end of he year you wil have how much more money for spending? OA. $79.50 O B. $79.75 O C. $80.00 O D. $79.90 SAT for a Overal 2 Click to select your answer 0

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