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(c) A bank CD that pays 7.25 percent compounded annually. (Round answer to 2 decimal places, eg. 15.25%.) Effective annual rate % Save for Later

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(c) A bank CD that pays 7.25 percent compounded annually. (Round answer to 2 decimal places, eg. 15.25%.) Effective annual rate % Save for Later Attempts: 0 of 2 used Submit

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