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Mathematics 19 Online
OpenStudy (anonymous):

Bridget wants to have $325,000 when she retires in a year if she currently has $300,000 to put in a 1 year CD, which of these APR's and compounding periods will allow her to reach her goal? A. An APR of 8.11% compounded semiannually B. An APR of 8.0% compounded daily C. an APR of 8.03% compounded quarterly D. An APR of 8.02% compounded monthly

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