Question: Please answer the question correctly, will rate surely! You are considering moving your money to new bank offering a one year that pays an 8%

Please answer the question correctly, will rate surely!

You are considering moving your money to new bank offering a one year that pays an 8% APR with monthly compounding Your current bank's manager offers to match the you offered the account at your current bank would pay interest every se months. How much interest will you need to eam every six months to match the CD? First convert APR a monthly discount The monthly discount on 000134 (Round to four decal places

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