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Present and future value tables of $1 at 3% are presented below: N FV $1 PV $1 1 1.03000 0.97087 2 1.06090 @.94260 3 1.09273

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Present and future value tables of $1 at 3% are presented below: N FV $1 PV $1 1 1.03000 0.97087 2 1.06090 @.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 6.66112 15 1.55797 .64186 16 1.60471 0.62317 FVA $1 1.0000 2.300 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.0863 18.5989 20.1569 PVA $1 0.97087 1.91347 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 FVAD $1 1.300 2.0909 3.1836 4.3091 5.4684 6.6625 7.8923 9.1591 10.4639 11.8078 13.1920 14.6178 16.0863 17.5989 19.1569 20.7616 PVAD $1 1.00000 1.97087 2.91347 3.82861 4.71710 5.57971 6.41719 7.23028 8.01969 8.78611 9.53020 10.25262 10.95400 11.63496 12.29607 12.93794 Today, Thomas deposited $110,000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value of the CD? Multiple Choice $242,379 $119,900 O $156,834 $216,852

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