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Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in 2 years. How much will this CD be worth at maturity?

  • math -

    Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in 2 years. How much will this CD be worth at maturity?

  • math -

    3%

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