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Pe ratios for a savings account easy suppose you own a

Question: P/E Ratios for a Savings Account (Easy) Suppose you own a savings account that earned $10 over the past year. Your only transaction in the account has been to withdraw $3 on the last day of this 12-month period. The account bears an interest rate of 4 percent per year.

a. What is the value of the account after the $3 withdrawal?

b. What is the trailing PIE and forward PIE for this account?

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