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your answers to two decimal places. ) ( a ) If you were interested in investing $ 9 , 0 0 0 in one of
your answers to two decimal places.
a If you were interested in investing $ in one of these CDs calculate the compound amount in $ of each offer. Use Table
First National Bank $
Second National Bank $
b What is the annual percentage yield of each CD
First National Bank
c If Third National Bank has a year CD at interest compounded monthly, use the compound interest formula to calculate the compound amount in $ of this offer. $
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