Question: Suppose Deborah is an avid reader and buys only comic books. Deborah deposits $3,000 in a bank account that pays an annual nominal interest rate

Suppose Deborah is an avid reader and buys only comic books. Deborah deposits $3,000 in a bank account that pays an annual nominal interest rate of 5%. Assume this interest rate is fixedthat is, it won't change over time. At the time of her deposit, a comic book is priced at $10.00.

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