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You can earn $51 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 $51 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. 8 months. b. 1 year. c. 1.7 years. a. 8-months. For a 8-month, $1,000 deposit you will earn $ (Round to the nearest cent). b. 1-year. For a 1-year: $1,000 deposit you will earn \& (Round to the nearest cent) c. 17.years. For a 1.7-year. $1,000 deposit you will earn $ (Round to the nearest cent)

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