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Bill Casler bought a $6000,9-month certificate of deposit (CD) that would earn 9.2% annual simple interest. (a) What is the value of the CD when
Bill Casler bought a $6000,9-month certificate of deposit (CD) that would earn 9.2% annual simple interest. (a) What is the value of the CD when it matures? $ return on his loan to Bill, how much did Bill receive from his friend? (Round your answer to the nearest cent.) $ (c) What annual simple interest rate did Bill Casler end up making on his investment? Round your answer to two decimal places. %
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