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9. Determine the value at the end of three years of a 10,000 investment in a bank Certificate of deposit (CD) that pays a nominal

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9. Determine the value at the end of three years of a 10,000 investment in a bank Certificate of deposit (CD) that pays a nominal annual interest rate of 8 percent, a. Semiannually? 1 mark b. Monthly? 1 mark d. Quarterly 1 mark (3 Points)

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