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You can earn $45 in interest on a $1,000 deposit for eight months. If the EAR is the same regardless of the length of the

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You can earn $45 in interest on a $1,000 deposit for eight months. If the EAR is the same regardless of the length of the investment, how much interest will you earn on a $1,000 deposit for: a. 5 months. b. 1 year. c. 1.2 years

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