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Question 12 (1 point) Everdeen Inc. wants to invest $250,000 in a 5-year certificate of deposit earning 3% at Capitol Bank. Which time value
Question 12 (1 point) Everdeen Inc. wants to invest $250,000 in a 5-year certificate of deposit earning 3% at Capitol Bank. Which time value concept would be used to determine the maturity value of the certificate of deposit? Present value of one. Future value of one. Future value of an ordinary annuity Present value of an annuity due. Question 13 (1 point) On December, 31, 2021, Abernathy Inc. sold $60,500 on account with the term: 2/15, n/30. The company uses the net method to record sales made on credit. How much should they record as revenue on December 1, 2021. $59,290 $60,500 $1,210 $51,425
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