SilverShroud9677 SilverShroud9677
  • 07-02-2024
  • Business
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If troy deposits $5,000 in a 24-month certificate of deposit with an annual percentage yield (apy) of 4.5% compounded annually, approximately how much money will be in the account in a year?

a. $5,023
b. $5,225
c. $5,450
d. $5,460

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