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Business, 21.09.2021 08:30 gabbylinton1113

Lana wants to deposit $800 in a certificate of deposit for a maximum of one year. The bank offers her four options. Which offer would earn Lana the most
interest?
A. A one-year certificate of deposit with a nominal interest rate of 3
percent.
OB. A one-year certificate of deposit with a nominal interest rate of
percent.
C. A three-year certificate of deposit with a nominal interest rate of 3
percent.
O D. A three-year certificate of deposit with a nominal interest rate of 4
percent

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Answers: 2

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Lana wants to deposit $800 in a certificate of deposit for a maximum of one year. The bank offers...
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