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MMF Value. Bart is a college student who has never invested his funds. He has saved $600 and has decided to invest the funds in

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MMF Value. Bart is a college student who has never invested his funds. He has saved $600 and has decided to invest the funds in a money market fund with an expected annual return of 2.97%. Bart will need the money in one year. The MMF imposes fees that will cost Bart $15 at the time he withdraws the funds in one year. How much money will Bart have in one year as a result of this investment? As a result of his investment, Bart will have $ . (Round to the nearest cent.) Interest Earned. Lisa is depositing $5,000 in a six-month CD that pays 3.62% interest. How much interest will she accrue if she holds the CD until maturity? If she holds the CD until maturity, the amount of interest she will accrue is $ . (Round to the nearest cent.)

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