Business, 16.11.2020 17:50 Cocco

Suppose you have $850 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures?

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Suppose you have $850 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% inter...

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