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