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Business, 14.04.2020 23:23 dhurtado1195

A recent high school graduate received $700 in gifts of cash from friends and relatives. In addition, he received three scholarships in the amounts of $350, $400, and $1200. If he takes all his gift and scholarship money and invests it in a 36-month CD paying 2% interest compounded daily (use nequals360), how much will the graduate have when he cashes in the CD at the end of the 36-months?

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