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    Engineering
  3. Study Set
    Engineering Fundamentals
  4. Exam
    Exam 20: Engineering Economics
  5. Question
    If You Put $4000 in a CD (Certificate of Deposit)
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If You Put $4000 in a CD (Certificate of Deposit)

Question 4

Question 4

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If you put $4000 in a CD (certificate of deposit), what fixed interest rate compounded quarterly would yield $5000 at the end of three years?

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