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If you invest $8,750 in a certificate of deposit at JP Morgan Chase Bank for 7 years paying interest at annual rate of 8%, what

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If you invest $8,750 in a certificate of deposit at JP Morgan Chase Bank for 7 years paying interest at annual rate of 8%, what would be the future value of your investment at the end of 7 years? Select one: a. $14,996 b. $28,970 c. $16,750 d. $17,450

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