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A 180 day $3 million negotiable cd has a 4.25% annual rate quote. if you buy the cd, how much will you collect in 180 days?
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A 180 day $3 million negotiable cd has a 4.25% annual rate quote. if you buy the cd, how much will you collect in 180 days?

User ShAkKiR
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$3 mill×[1 + (0.0425×180/360)
User C Hogg
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