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Peter invests $115000 in a 3-year certificate of deposit earning 3% at his local bank. Which time value concept would be used to determine the

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Peter invests $115000 in a 3-year certificate of deposit earning 3% at his local bank. Which time value concept would be used to determine the maturity value of the certificate? O Future value of one. O Present value of one. O Future value of an ordinary annuity. O Present value of an annuity due

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