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The ShortHolder bank pays 5.60% p.a., but with daily compounding assume a 360 day year), on a 9 month certificate of deposit . If you
The ShortHolder bank pays 5.60% p.a., but with daily compounding assume a 360 day year), on a 9 month certificate of deposit . If you deposit $20,000 you would expect to earn how much in interest (rounded to the nearest dollar).
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