Mathematics, 30.07.2019 03:00 nsg0686

Charley wants to have $950,000 when he retires in a year. if he currently has $900,000 to put in a 1-year cd, which of these aprs and compounding periods will allow him to reach his goal? a. an apr of 5.44% compounded semiannually b. an apr of 5.42% compounded monthly c. an apr of 5.34% compounded daily d. an apr of 5.43% compounded quarterly

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Charley wants to have $950,000 when he retires in a year. if he currently has $900,000 to put in a 1...

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