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27 October, 23:05

One month ago, Jan invested $1,500 in a one-year certificate of deposit (CD), which offered 4.25% annual interest. Today, she found a credit union that offers one-year CDs at 4.75% annual interest. What is this an example of?

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  1. 27 October, 23:27
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    Inflation rate risk inflation rate risk inflation rate risk
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