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Ronald invested 145,000 in a time deposit account at 12.5% compounded monthly. How much is the value of the fund if it is withdrawn after
Ronald invested 145,000 in a time deposit account at 12.5% compounded monthly. How much is the value of the fund if it is withdrawn after 6 years and 9 months? Select one: a. 335,666.97 b. 157,758.41 c. 347,065.90 d. 341,986.93
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