Problem 7-01 You invest 33,000 in a certificate of deposit that matures after twelve years...
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Problem 7-01 You invest 33,000 in a certificate of deposit that matures after twelve years and pays 5 percent interest, which is compounded annually until the certificate matures. Use Appendix A to answer the questions. Round your answers to the nearest dollar a. How much Interest will you earn it the interest is left to accumulate? 5 D: How much interest will you earn if the interest is withdrawn each year
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