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Determine the value at the end of five years of a $6,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal

Determine the value at the end of five years of a $6,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal annual interest rate of 10 percent, compounded under either of the following three terms. Round your answers to the nearest cent.

  1. Semiannually $

  2. Quarterly $

  3. Monthly $

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