Predict the major product for the following SN1 reaction and provide a curved arrow mechanism for the formation of the product. 
Definitions:
Interest Rate
The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, usually on an annual basis.
Money-Demand Curve
Illustrates the relationship between the quantity of money people want to hold and the interest rate, showing how changes in the interest rate affect the demand for money.
Federal Reserve
The central banking system of the United States, responsible for implementing the country's monetary policy and regulating its financial institutions.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed as an annual percentage of the principal.
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