Business, 19.07.2021 22:30 lele1522

Assume you just deposited $1,000 into a bank CD account with one year until maturity. The interest rate on your deposit is 8% and inflation is expected to be 4% over the next year. a. How much money will you have in your bank account at the end of one year

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Assume you just deposited $1,000 into a bank CD account with one year until maturity. The interest r...