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Chapter 3 Homework Question 1,732 OP Future with changai Band worth Jonas .. the year old bis year and te vermement only earned How much

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Chapter 3 Homework Question 1,732 OP Future with changai Band worth Jonas .. the year old bis year and te vermement only earned How much with 55.500 C Round to the nearest Cont) WChapter 3 Homework Question 1,732 (ma Par WW Seren of Points Firewal with change antes por 1.0 Se are pre ya How much we will be with me Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to select your own investment period Jonathan has $5 500 for his CD investment. If the bank is offering a 4% interest rate, compounded annually, how much will the CD be worth at maturity if Jonathan picks a a three-year investment period? b. six-year investment period? c. ten-year investment period? d. twenty-year investment period? a. How much will the 55,500 CD Investment at 4% interest rate be worth at maturilly if Jonathan picks a 3-year investment period? (Round to the nearest cent)

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