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Suppose that $6 comma 500 is invested in a 5-year CD with an APY of 2.4%. Recall that this means the money must be left
Suppose that $6 comma 500 is invested in a 5-year CD with an APY of 2.4%. Recall that this means the money must be left with the bank for 5 years, and they will guarantee an annual rate of return of 2.4% with compounding interest. What is the investment worth after two years
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