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Juan just invested in a $ 5 , 0 0 0 CD at 5 % APR. He is expected to receive $ 5 , 2
Juan just invested in a $ CD at APR. He is expected to receive $ a year later. This $ is referred to as the:
Juan just invested in a $ CD at APR. He is expected to receive $ a year later. This $ is referred to as the:
future value for an annuity due investment.
present value for a lump sum investment.
future value for a lump sum investment.
true value.
present value for an annuity investment.
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