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Business, 04.03.2020 23:39 22moneymorgan

9) You have $5,000 in a 36 month Certificate of Deposit that has an APR of 3.75%. If inflation averages 4.25% during these 36 months, what is the real return on your CD? A) 3.75 percent B) 8.0 percent C) Negative .50 percent D) Negative 8.0 percent

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9) You have $5,000 in a 36 month Certificate of Deposit that has an APR of 3.75%. If inflation avera...
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