You Have a Choice Between Investing $10,000 in a CD

question 81

Essay

You have a choice between investing $10,000 in a CD that in six months will pay you $10,190 or investing $9,800 in a T-bill that in 182 days will return $10,000.Ignoring any opportunity cost between the two investments,which will give you the higher annualized return and what will the annualized return be?
(a)T-bill; 2 percent
(b)T-bill; 4.01 percent
(c)CD; 3.8 percent
(d)CD; 1.9 percent

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Definitions:

Résumés

A document created and used by a person to present their background, skills, and accomplishments for securing employment.

Application Letter

A document submitted in job applications, expressing the candidate's interest in the position and highlighting their qualifications.

Résumé

A document summarizing an individual's work experience, education, skills, and accomplishments, often used for job applications.

Application Letter

A written document submitted by a job seeker to express interest in and qualify for a particular position.