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Present and future value tables of $1 at 3% are presented below. NA 1 NH 2 FV $1 PV $1 8.97087 1.06090 0.94260 1.03000
Present and future value tables of $1 at 3% are presented below. NA 1 NH 2 FV $1 PV $1 8.97087 1.06090 0.94260 1.03000 FVA $1 1.0000 3 1.09273 0.91514 4 10 11 12 13 16 569 123456 1.12551 0.88849 1.15927 0.86261 1.19405 0.83748 PVA $1 0.97087 2.0300 1.91347 3.0909 4.1836 FVAD $1 1.0300 PVAD $1 1.00000 2.0909 1.97087 2.82861 3.71710 5.3091 4.57971 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 8 1.26677 8.78941 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 1.42576 0.70138 14.1920 9.95400 1.46853 0.68095 15.6178 10.63496 14 1.51259 0.66112 17.0863 11.29607 15 1.55797 0.64186 18.5989 11.93794 1.60471 0.62317 20.1569 12.56110 14.6178 10.25262 16.0863 10.95400 11.63496 17.5989 19.1569 12.29607 20.7616 12.93794 Today, Thomas deposited $120,000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value of the CD?
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
