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Present and future value tables of $1 at 3% are presented below: N FV $1 1 1.03000 PV $1 0.97087 FVA $1 1.0000 PVA $1
Present and future value tables of $1 at 3% are presented below: N FV $1 1 1.03000 PV $1 0.97087 FVA $1 1.0000 PVA $1 0.97087 FVAD $1 PVAD $1 1.0300 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 9 1.26677 0.78941 1.30477 0.76642 10 11 12 2 1.34392 0.74409 1.38423 0.72242 1.42576 0.70138 14.1920 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 9.95400 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 13 14 1.46853 0.68095 1.51259 0.66112 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Today, Thomas deposited $140,000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value of the CD
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