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27 August, 04:44

Suppose you buy a CD for $750 that earns 4% APR and is compounded quarterly. The CD matures in 3 years. Assume that if funds are withdrawn before the CD matures, the early withdrawal fee is 3 months' interest. What is the early withdrawal fee on this account

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  1. 27 August, 07:04
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    The answer i got for this question is $7.50
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