Question: Question 2 1 pts You purchase today a 3.5%, annually compounded, 27-month bank retail CD for $1,000. How much will the certificate be worth when
Question 2 1 pts You purchase today a 3.5%, annually compounded, 27-month bank retail CD for $1,000. How much will the certificate be worth when you redeem it at maturity? (Hint: What is the maturity in years (n)?) $ 1,080.48 $1,065.00 $1,099.07 $1,035.00
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