Question
Graduation is 5 years away and you want to have $1050 available for a trip. If your bank is offering a 5-year CD (certificate of
Graduation is 5 years away and you want to have $1050 available for a trip. If your bank is offering a 5-year CD (certificate of deposit) paying 3.1% simple interest, how much do you need to put in this CD to have the money for your trip?
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
