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You want to make a one-time deposit into a bank account today and have $2,000 in the account in five years. Which interest rate requires
You want to make a one-time deposit into a bank account today and have $2,000 in the account in five years. Which interest rate requires you to deposit the least amount of money into the account today?
- a.) 5%
- b.) 8%
- c.) 4%
- d.) 1%
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