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Davian wishes to save for a down payment on a house. Right now he has $3500 to invest. Using the data given, which statement explains
Davian wishes to save for a down payment on a house. Right now he has $3500 to invest. Using the data given, which statement explains the best option for his investment? Savings Account Liquid CD Bump-Up CD 2% 2.35% Interest Rate 1% compounded daily compounded monthly initially, and 2.5% after 1 year, each compounded monthly 10% Fees None None penalty without 30-day notice O bump-up CD because it has the highest overall interest rate liquid CD because the interest is compounded monthly savings account because the interest is compounded daily bump-up CD because the interest is compounded monthly
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