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Determine the value at the end of two years of a $ 1 4 , 0 0 0 investment ( today ) in a bank
Determine the value at the end of two years of a $ investment today in a bank certificate of deposit CD that pays a nominal annual interest rate of percent, compounded under either of the following three terms. Round your answers to the nearest cent.
Semiannually
$
Quarterly
$
Monthly
$
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