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Business, 16.03.2020 18:49 Cocco

Assume that a one-year CD purchased for $1000 pays an APR of 10% that is compounded semi-annually. How much is in the account at the end of each compounding period? (Calculate the interest and compound it each period rather than using the compound interest formula. Round your answers to the nearest cent.)

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Assume that a one-year CD purchased for $1000 pays an APR of 10% that is compounded semi-annually. H...
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