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OpenStudy (anonymous):
Would you make more interest by investing three thousand dollars in a 6-month certificate of deposit (CD) at three percent interest or by investing one thousand dollars in a twelve-month CD at three point five percent interest? Show your work.
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OpenStudy (anonymous):
HEYY!!
OpenStudy (anonymous):
\[I=Prt \rightarrow 3000(.03).5>1000(.035)1\] Short term investment is better.
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