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13-11-2020
Mathematics

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Jim opens a CD with $5000 and earns interest at an apt of 5.25%. How much interest would be earned and what would be the balance if he keeps the money in the account for 2 years?

Jim opens a CD with 5000 and earns interest at an apt of 525 How much interest would be earned and what would be the balance if he keeps the money in the accoun class=

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13-11-2020

Answer: Interest = $5.25, balance = $5005.25

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