Fine-Tuned Savings Association finds that it can attract the following amounts of deposits if it offers new

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Fine-Tuned Savings Association finds that it can attract the following amounts of deposits if it offers new depositors and those rolling over their maturing CDs at the interest rates indicated below:
Expected Volume of New Deposits Rate of Interest Offered Depositors
$10 million............... 2.00%
15 million............... 2.25
20 million............... 2.50
24 million............... 2.75
26 million............... 3.00

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