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I want know how they solve it, please show your work step by step. Thank you Certificate of Deposit Word Problem Suppose that $8000 is
I want know how they solve it, please show your work step by step. Thank you
Certificate of Deposit Word Problem Suppose that $8000 is invested in a 6-month CD with an APY of 1.85%. a. What is the corresponding APR? (Use three decimal places.) b. After 6 months, the investment is worth c. After 12 months, the investment is worth $ d. After 1 year, the investment is worth $ e. After 5 years, the investment is worth $Step by Step Solution
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