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Suppose a bank promises an annual return of 6.0 percent on a three month (90 day) $150,000 CD. What will be the total amount due
Suppose a bank promises an annual return of 6.0 percent on a three month (90 day) $150,000 CD. What will be the total amount due the customer at the end of the three month period? $152,437.50 $2,250.00 $152,250 $152,219.18 None of the above
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