Kirk can take his $ 1,000 income tax refund and invest it in a 36- month certificate

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Kirk can take his $ 1,000 income tax refund and invest it in a 36- month ­certificate of deposit at 7%, or he can use the money to purchase a home entertainment system and put $ 30 a month in a bank savings account that will pay him 7% interest. Which choice will give him more money at the end of three years?
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