Question
You take out a 5-year CD for $10,000. The interest compounds monthly. The annual interest rate is 2.5%. What will the CD be worth when
You take out a 5-year CD for $10,000. The interest compounds monthly. The annual interest rate is 2.5%. What will the CD be worth when it matures at the end of five years.
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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