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2) Your mother is trying to choose one of the following bank CDs to deposit $10,000. Which will have the highest future value if she
2) Your mother is trying to choose one of the following bank CDs to deposit $10,000. Which will have the highest future value if she plans to invest for three years? (PLEASE SHOW EACH STEP)
B) 4.25% compounded monthly
C) 4.75% compounded annually
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