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Investment Decision. Judy has just received $10.900 as an inheritance from her unde and is considering ways to use the money Judy's car is one

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Investment Decision. Judy has just received $10.900 as an inheritance from her unde and is considering ways to use the money Judy's car is one year oldand her martwy payment is $260. She was 48 mm payments. The amount to pay off the loan is $10,830. Judy will save $1.802 in interest if she pays off her cartoon now. Judy is to considering investing the $10.900 na certificate of depontCO) She is guaranteed a return of 5% on a four-year CD. How much would Judy earn from the CD? Which of the two alternatives offers the boter rotum? (Notegnere any la efect) ist you need to compute the interest rate on Judy's loan) The amount of interest Judy would eam from the CD $ (Round to the retret dolu) III Homework: Chapter 21 Homework Question 15, Planning HW Score: 82.35%, 14 of 17 points O Points: 0 of 1 Save Investment Decision. Judy has just received $10.900 as an inheritance from her uncle and is considering ways to use the money. Judy's car is one year old, and her monthly payment is 5250 She was to more payments. The amount to pay off the loan is $10.630. Judy will save $1.602 in interest if the days of her car loan now Judy was considering investing the $10.900 in a certficate of deco (CD) She is guaranteed a return of 5% on a four-year CD. How much would Judy earn from the CD? Which of the two ematices offers the better rotun? Nole ignore any tax effect int you need to compute the interest rate on Judy's loan) The amount of interest Jody would earn from the CD in 3 2872 (Round to the nearest do

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