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Your Aunt Is Looking to Invest a Certain Amount Today

Question 36

Multiple Choice

Your aunt is looking to invest a certain amount today. Which of the following choices will give the maximum interest?


A) Three-year CD at 6.5% annual rate
B) Three-year CD at 6.75% annual rate
C) Three-year CD at 6.25% annual rate
D) Three-year CD at 7% annual rate

Correct Answer:

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