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A 30-year CD offers an APY of 7.24%. If another savings vehicle offered a simple, non-compounding interest rate, what is the rate that would give
A 30-year CD offers an APY of 7.24%. If another savings vehicle offered a simple, non-compounding interest rate, what is the rate that would give you an identical 30-year holding rate of return?
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Finance Budget And Management For Reference Services Routledge Library Editions Library And Information Science
Authors: Ruth A. Fraley, Bill Katz
1st Edition
0367374293, 978-0367374297
