You want to invest 18000 and are looking for safe, Business Management

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You want to invest 18000 and are looking for safe

You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that pays a nominal rate of 4% that is compounded monthly. What is the effective rate of return that you will earn from this investment?

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Business Management: You want to invest 18000 and are looking for safe

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Business Management: You want to invest 18000 and are looking for safe

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