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Posted on Aug 12, 2024

You invest $ 2 0 0 0 in a CD that matures in 1 0 years. Interest is 5 % and compounded annually. How much

You invest $ $2000$ in a CD that matures in $10$ years.

Interest is $5 %$ and compounded annually. How much interest will you earn if left to accumulate?

Interest is $10 %$ and compounded semi $-$ annually. How much interest will you earn if left to accumulate?

Interest is $20 %$ and compounded quarterly. How much interest will you earn if left to accumulate?

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