Your aunt is looking to invest a certain amount today. Which of the following choices should she opt for?

Your aunt is looking to invest a certain amount today. Which of the following choices should she opt for?



A) three-year CD at 6.5% annual rate
B) three-year CD at 6.75% annual rate
C) three-year CD at 6.25% annual rate
D) three-year CD at 7% annual rate


Answer: D


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