John Alexander is considering putting money into the following investments: a. A $10,000.00, five-year certificate of deposit

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John Alexander is considering putting money into the following investments:

a. A $10,000.00, five-year certificate of deposit earning 4.5% interest compounded annually

b. A $2,500.00, seven-year certificate of deposit earning 5.0% interest compounded annually Instructions:

1. Determine the future value of each certificate of deposit.

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Accounting Advanced

ISBN: 9780538447553

9th Edition

Authors: Claudia Bienias Gilbertson

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Question Posted: May 18, 2024 11:14 PM

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John Alexander is considering putting money into the following investments: a. A $10,000.00, five-year certificate of deposit

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Accounting Advanced

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