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A bank has issued a tie-month 51 million negotiable CD with a 0a5 percent quated annual interest rate. If you buy the CD. Approximately, you

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A bank has issued a tie-month 51 million negotiable CD with a 0a5 percent quated annual interest rate. If you buy the CD. Approximately, you will collect at maturity amount equals to Select one a $1004 250 51008,500 . c. 51,004,209 Od 51008.618 None of the above Chat my choice

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