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Politics : Politics for Pros- moderated
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To: John Carragher who wrote (116531)5/27/2005 9:24:39 AM
From: unclewest   of 793938
 
Recalculate.
Your assumed interest rate (4%) is too low.

Long Term CDs have been available at much higher rates for most if not all of that 35 years including the past few with the prime rate very low.
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