Business
Business, 17.12.2020 16:30, karellopez96

You deposit $1,000 into a 2 year Certificate of Deposit (CD), which earns 2% interest per year. During those 2 years, the inflation rate runs 3% per year. Which statement is accurate regarding what you can purchase at the end of the CD's term? *

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Answers: 2

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You deposit $1,000 into a 2 year Certificate of Deposit (CD), which earns 2% interest per year. Duri...

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