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A bank offers a CD that pays a simple interest rate of 4.5%. How much must you put in this CD now in order to

A bank offers a CD that pays a simple interest rate of 4.5%. How much must you put in this CD now in order to have $1 comma 000 for a home-entertainment center in 2 years. Question content area bottom Part 1 The present value that must be invested to get $1 comma 000 after 2 years at an interest rate of 4.5% is $

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