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Determine the value at the end of two years of a $11,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal

Determine the value at the end of two years of a $11,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal annual interest rate of 8 percent, compounded under either of the following three terms. Round your answers to the nearest cent.

Semiannually $

Quarterly $

Monthly $

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Corporate Financial Management

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