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Bill Casler bought a $ 9 0 0 0 , 9 - month certificate of deposit ( CD ) that would earn 8 % annual

Bill Casler bought a $9000,9-month certificate of deposit (CD) that would earn 8% annual simple interest.
(a) What is the value of the CD when it matures?
$
(b) Three months before the CD was due to mature, Bill needed his CD money, so a friend agreed to lend him money and receive the value of the CD when it maturec If their agreement allowed the friend to earn a 10% annual simple interest 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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