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Mathematics, 20.06.2021 20:20 priceisright11401

After selling your house and purchasing a new house you have 25,000 left you wish to invest. The first option you have is a one year T-Bill with a pad value of 25,000 which cost 23,250. Your second option is to invest in a 12 month CD with a 6.5% interest rate. Of these two available options which would allow you to receive a higher rate of return. make sure to show your calculations.

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