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Posted on Sep 28, 2024

Suppose you set aside $10,000 today in a CD generating 1.5% annually. What will it be worth in 8 years? Select one: a. $10,000 b.

Suppose you set aside $10,000 today in a CD generating 1.5% annually. What will it be worth in 8 years?

Select one:

a. $10,000

b. $11,200

c. $11,264

d. $14,469

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