your birthday is next week and instead of other presents, your parents promised to give you$1,000 in cash. Since you have a part time job and, thus, don't need the cahs immediately, you decide to...


your birthday is next week and instead of other presents, your parents promised to give you$1,000 in cash. Since you have a part time job and, thus, don't need the cahs immediately, you decide to invest the money in a bank CD that pays 5.2% , compounded quaterly, for the next 2 yrs. How much money can you expect to earn in this period of time?



Jun 02, 2022
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