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A bank offers a CD that pays a simple interest rate of 8.0%. How much must you put in this CD now in order to
A bank offers a CD that pays a simple interest rate of 8.0%. How much must you put in this CD now in order to have $5 comma 000 for a home-entertainment center in 4 years. Question content area bottom Part 1 The present value that must be invested to get $5 comma 000 after 4 years at an interest rate of 8.0% is
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
