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Whestho CD munant? t 2 . b 4,072 - .1tste Suppose you have $1,600 and plan to purchase a 10-year certificate of deposit (CD) that

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Whestho CD munant? t 2 . b 4,072 - .1tste Suppose you have $1,600 and plan to purchase a 10-year certificate of deposit (CD) that pays 12.1% interest, compounded annually. How much will you haw when the CD matures? a. 55,810.74 b. 34,472.71 c. 55,013.91 d. 35,180.04

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