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Eureka Co. has a cash inflow of $1 million, which it needs for a long-term investment in one year. 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 year. It plans to deposit the funds into a bank CD that pays daily interest at an annual rate of 4.33 percent. What will be the value of the investment at the end of the year? (Round to the nearest dollar)

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