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8. A bank DC pays 9% annualized interest. If you invest $50,000 in the CD, how much would you have at the end of eight

8. A bank DC pays 9% annualized interest. If you invest $50,000 in the CD, how much would you have at the end of eight (8) years if interest is compounded as shown below? MUST SHOW WORK TO RECEIVE CREDIT. DO NOT SOLVE USING FINANCIAL CALCULATOR (8 pts)

annually ? semi-annually ? monthly ? daily ?

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