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QUESTION 13 We invest $1,000 in a 2 year Certificate of Deposit at bank which pays 1.5% annually. How much will have at maturity of

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QUESTION 13 We invest $1,000 in a 2 year Certificate of Deposit at bank which pays 1.5% annually. How much will have at maturity of the Certificate of Deposit? QUESTION 14 We own a $5,000 investment that will mature (come due) in eight years. If we wanted to receive the investment proceeds today how much would we accept if interest rates are currently 3.5%

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