SOLUTION: how much money will you have if you earned $1250.00 and you were offered 8.5% in a certificate of deposit

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Question 643661: how much money will you have if you earned $1250.00 and you were offered 8.5% in a certificate of deposit
Answer by solver91311(16897) About Me  (Show Source):
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$1250.00. You would have to actually put the money in the CD and wait some period of time (which you didn't bother to specify) to have more than that. The offer of 8.5% has no value until you follow through with a decision to invest.

John

My calculator said it, I believe it, that settles it
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