Business, 12.03.2020 21:56 valeriekbueno

Last year, Myron purchased a $10,000 certificate of deposit with a 3% rate of interest from his bank. The government reported that prices, on average, have fallen by 5% during the current year. Which of the following can be concluded as a result of this transaction?a. Myron loses, while the bank gains. b. Myron gains, while the bank remains unaffected. c. Myron gains, while the bank loses.

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