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Business, 14.04.2021 23:40 hardyfombu

Suppose you buy a CD for $300 that earns 3% APR and is compounded quarterly. The CD matures in 3 years. Assume that frauds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest. What is the early withdraw fee on this account? A. 3.75
B. 5.00
C. 1.25
D. 2.50

answer is A Btw

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