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Mathematics, 30.01.2020 21:44 meganm9889

John receives $1,000 as a graduation gift from his grandparents. rather than spend it, he decides to invest it in a two-year bond that earns 3% simple interest. john doesn't need access to the money right away because he wants to save it for when he's ready to buy a home in about 10 years. is the bond a wise investment for john? why or why not?

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