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An amount of $8000 is invested in a 5-year certificate of deposit with an interest rate of r percent per year, compounded quarterly. On the
An amount of $8000 is invested in a 5-year certificate of deposit with an interest rate of r percent per year, compounded quarterly. On the maturity date, the value of the certificate of deposit is . a. Would you expect to be positive, negative, or zero? Why? b. Find and interpret
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