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Question 1 Homework . Unanswered Fill in the Blanks Indiana First Savings Bank (InFirst) offered its customers a money market savings account at an interest
Question 1 Homework . Unanswered Fill in the Blanks Indiana First Savings Bank (InFirst) offered its customers a money market savings account at an interest rate of 2.5% compounded monthly, provided a minimum deposit of $700 was made. How much money will be in the account in three and a half years? Now suppose First Summit Bank offers a $700, 42 month CD that pays 2.15% compounded continuously. What is the value of this CD upon maturity
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