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# Rujuta has just opened a

Rujuta has just opened a NOW account that pays 7.5 percent interest annually. If the account requires a minimum balance of \$200 and she maintains \$800 for the next 12 months, how much interest will she earn?. Luz is depositing \$5,100 in an eight-month CD that pays 3.25 percent annual interest. How much interest will she accrue if she holds the CD until maturity? (each month has 30 daysTravis has invested \$6,000 in a three-month CD at 5 percent (annual). How much will Travis have when the CD matures? (each month has 30 days)China has invested \$10,000 in a 13-month CD that pays 4 percent annually. How much interest will China receive at maturity? (each month has 30 days. Troy paid \$8,600 for a T-bill with a face value of \$11,900. What is Troy’s return if he holds the T-bill to maturity?. Kiku purchased a \$42,000 T-bill for \$39,000. A few months later, Kiku sold the T-bill for \$39,500. What was Kiku’s return on the T-bill?Brenda purchased a \$40,000, 90-day T-bill for \$38,550.What will Brenda’s return be when the T-bill matures?What will her annualized rate be?