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A certificate of deposit (CD) was purchased for $2,750 and earns 4.25% in simple interest annually. How much is the CD worth after 10 years?
A certificate of deposit (CD) was purchased for $2,750 and earns 4.25% in simple interest annually. How much is the CD worth after 10 years? Round to the nearest cent. 2 answers
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Fixed Income Securities Valuation Risk and Risk Management
Authors: Pietro Veronesi
1st edition
0470109106, 978-0470109106
