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You can earn $ 5 3 in interest on a $ 1 comma 0 0 0 deposit for 8 months. If the EAR is the

You can earn $53
in interest on a $1 comma 000
deposit for 8
months. If the EAR is the same regardless of the length of the investment, how much interest will you earn on a $1 comma 000
deposit for:
a.10
months.
b.1 year.
c.1.7
years.

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