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Please show work. 3. (1 pt) Describe a situation or financial goal in which you would choose that option over the other: a. Choose a

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Please show work.

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3. (1 pt) Describe a situation or financial goal in which you would choose that option over the other: a. Choose a five-year CD paying 3.67 % instead of an 18-month CD paying 2.29%. b. Choose an 18-month CD paying 2.29% instead of a five-year CD paying 3.67%

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