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Company B invests $20,000 in a four-year certificate of deposit(CD) that pays interest of 3.5%.The annual CD interest payments are automatically re-invested in a seperate

Company B invests $20,000 in a four-year certificate of deposit(CD) that pays interest of 3.5%.The annual CD interest payments are automatically re-invested in a seperate savings account at a stated annual interest rate of 2% compounded monthly. At maturity, what is the value of the combined asset?

Please draw timelines and indicate the cash flows. Or indicate years and corresponding cash flows.

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