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Business, 12.07.2021 18:00 michaelbernbenn5740

Suppose you have $1,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 1.0% annual interest, compounded monthly. How much will you have when the CD matures?

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Suppose you have $1,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 1.0% an...
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