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11. Clifford and Hazel Ida can purchase a 4-year CD for $10,000 at 4.5% compounded daily or compounded monthly. (a) What is the amount

11. Clifford and Hazel Ida can purchase a 4-year CD for $10,000 at 4.5% compounded daily or compounded monthly. (a) What is the amount of the CD at each rate at maturity? (b) What is the difference in the interest earned?

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