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Question
A $2 million jumbo CD is paying a quoted 3.55% interest rate on 180-day maturity CDs. How much money will you have at maturity if you invest in the CD?
A. $2,000,000
B. $2,035,014
C. $2,035,500
D. $2,071,000
E. $2,088,400
Answer
This answer is hidden. It contains 31 characters.
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