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Question 3 2 pts Wk3Hw_FV2 Sara has $5,990 to invest in a bank certificate of deposit for 9 years. The bank is paying 12% interest
Question 3 2 pts Wk3Hw_FV2 Sara has $5,990 to invest in a bank certificate of deposit for 9 years. The bank is paying 12% interest per year compounded monthly. How much will Sara's investment be worth at the end of the 9 year period? (round to 2 decimal places) Use the correct formula from below to solve this problem. **(1+r)^n x+(CF/(1+r)^1)+(CF/(1+r)^2)+(CF/(1+r)^3)+(CF/(1+r)^4).... x+SQRT(1-rin) Wk3Hw_FV2
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