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QUESTION
Last national bank offers a CD paying 7% interest (compounded annually). If you invest $1,000 how much will you have at the end of year 5. $712....
5. Last national bank offers a CD paying 7% interest (compounded annually). If you invest $1,000 how much will you have at the end of year 5. a. $712.99 b. $1,402.55 c. $1,350.00 d. $1,000
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