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Donna received a$ 1200 bonus. She decided to invest it in a2 -year certificate of deposit (CD) with an annual interest rate of1.11 % compounded
Donna received a$
1200
bonus. She decided to invest it in a2
-year certificate of deposit (CD) with an annual interest rate of1.11
%
compounded daily.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to thelist of financial formulas.Assume there are365
days in each year.
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