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Mathematics, 12.08.2021 21:20 snikergrace

Banking You are going to open a certificate of deposit (CD) that earns simple interest. One bank offers a CD in which you must deposit $500 for 3 years with
2% interest. Another bank offers a CD in which you must deposit $250 for
4 years
with 3% interest. Which CD will earn more interest?

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Answers: 2

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