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Determine the value at the end of five years of a $7,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal

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Determine the value at the end of five years of a $7,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal annual interest rate of 7 percent, compounded under either of the following three terms. Round your answers to the nearest cent. a. Semiannually b. Quarterly C. Monthly

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