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Present and future value tables of $1 at 9% are presented below. PV of $1 rv of $1 PVA of $1 PVAD of $1 PVA
Present and future value tables of $1 at 9% are presented below. PV of $1 rv of $1 PVA of $1 PVAD of $1 PVA of $1 10.91743 1.09000 0.91743 1.0900 1.0000 2 10.84168 1.18810 1.75911 2.2781 2.0900 30.77218 1.29503 2.53129 3.5731 3.2781 40.70843 2.41158 3.23972 4.9847 4.5731 510.64993 1.53862 3.88965 6.5233 5.9847 60.59622 2.677204.48592 8.2004 7.5233 Ajax Company purchased a five-year certificate of deposit for its building fund in the amount of $220,000. How much should the certificate of deposit be worth at the end of five years ir interest is compounded at an annual rate of 9%
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