Multiple Choice
If the rate of a 24-month CD is 1.15% compounded daily, how much would need to be set aside in such a CD to have $25,000 at the end of 24-month term?
A) $24,279.41
B) $24,431.57
C) $24,681.23
D) $24,750.34
Correct Answer:
Verified
Correct Answer:
Verified
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