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Find the value of a $1,000 certificate in 2 years if the interest rate is 4% compounded monthly. 2 (a) State the type. O s
Find the value of a $1,000 certificate in 2 years if the interest rate is 4% compounded monthly. 2 (a) State the type. O s inky iE ordinary annuity present value O future value amortization (b) Answer the question. (Round your answer to the nearest cent.)
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