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Certificate A pays $1,200 in six months and $1,100 in one year. Certificate B pays $1,150 in three months and $1,150 in one year. If the current rate of return required is 6.75%, which option pays the most interest and by how much?
Alkene
Hydrocarbons that are not fully saturated, characterized by having one double bond between carbon atoms, and follow the formula CnH2n.
Geometric Isomerism
Form of stereoisomerism in which molecules with the same structural formula but different spatial orientations of substituents around a double bond or ring structure are described.
Alkenes
Hydrocarbons that contain at least one carbon-carbon double bond, part of the unsaturated compounds class, which are involved in a variety of chemical reactions.
4-Ethylhept-1-Ene
A hydrocarbon molecule, which is an example of an alkene with a seven-carbon chain and an ethyl group at the fourth carbon.
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