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Questions MC.05.068.Algo Question 1 of 26 ) 2 . 3 4 CD Suppose you have $2,250 and plan to purchase a 5-year certificate of deposit
Questions MC.05.068.Algo Question 1 of 26 ) 2 . 3 4 CD Suppose you have $2,250 and plan to purchase a 5-year certificate of deposit (CD) that pays 4.2% interest, compounded annually. How much will you have when the CD matures? 5. O a. $2,344.50 b. $2,652.49 c. $2,763.89 7 d. $2,788.40 8 e. $2,769.75 13
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