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Eureka Co. has a cash inflow of $1 million. which it needs for a long-term investment in one vear. It plans to deposit the funds

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Eureka Co. has a cash inflow of $1 million. which it needs for a long-term investment in one vear. It plans to deposit the funds into a bank CD that pays daily interest at an annual rate of 4.91 percent. What will be the value of the investment at the end of the year

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