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QUESTION 17 Suppose you have $1,500 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually How much will

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QUESTION 17 Suppose you have $1,500 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually How much will you have when the CD matures? O a. S1,78153 O b.51,870.61 O c. $1.964.14 O d. 52,062 34 O e. 52,165.46 QUESTION 18 Suppose you have $2.000 and plan to purchase a 10-year certificate of deposit (CD) that pays 6.5% interest, compounded annually. How much will You have when the CD matures 0.53.154.25 06 $3.941 99 54139.09 0.54.34604 be 54.563 34

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