Mary deposits funds into a CD at her bank. The CD has an annual interest of 4.0%. If Mary leaves the funds in the CD for two years she will have $540.80. Assuming no penalties for withdrawing the funds early, what amount would Mary have at the end of one year?
A. $520.00
B. $500.00
C. $521.60
D. $490.00
Answer: A
Economics
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Which of the following does the U.S. president appoint and the U.S. Senate confirm?
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