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lisabon 2012 [21]
3 years ago
13

You deposit $1,000 into a 2 year Certificate of Deposit (CD), which earns 2% interest per year. During those 2 years, the inflat

ion rate runs 3% per year. Which statement is accurate regarding what you can purchase at the end of the CD's term? *
Business
1 answer:
Anton [14]3 years ago
6 0

Answer:

The purchasing power will be lesser reason been that the inflation rate of 3% is higher than the interest rate of 2% that is earn by you

Explanation:

Based on the information given the statement that is accurate based on what you can purchase at the end of the Certificate of Deposit ( CD's) term is that your purchasing power will be lesser reason been that the inflation rate of 3% per year is higher than the interest rate of 2% per year that is earn by you .

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The answer is lose-lose

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solution :

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<h3>What is customer success?</h3>

Customer Success is a long-term, professionally managed, scientifically developed business strategy for increasing customer and business sustainable demonstrated profitability.

A solution to the fundamental problems of customer portfolio development, retention, and expansion is what the developing role is all about. Customer Success is actually the merging of the roles and responsibilities of marketing, sales, professional services, training, and support into a new career. An in-depth understanding of the clients, practical skills in the product being sold, and broad domain knowledge are the three fundamental components of this rising profession.

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