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Gary invests $122000 in a 5-year certificate of deposit earning 5% at his local bank. Which time value concept would be used to determine
Gary invests $122000 in a 5-year certificate of deposit earning 5% at his local bank. Which time value concept would be used to determine the maturity value of the certificate?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
