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Question 8 5 pts Assume that you deposit $1,000 in a bank CD that promises a fixed APR of 2.65% per year, compounded annually, for

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Question 8 5 pts Assume that you deposit $1,000 in a bank CD that promises a fixed APR of 2.65% per year, compounded annually, for 4 years. What will the balance in your account be at the end of this holding period? Enter your answer in dollars and cents; round to the penny

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