Question
sent and future value tables of $1 at 3% are presented below. N FV $1 1 1.03000 PV $1 0.97887 FVA $1 PVA $1
sent and future value tables of $1 at 3% are presented below. N FV $1 1 1.03000 PV $1 0.97887 FVA $1 PVA $1 FVAD $1 PVAD $1 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97887 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5 1.15927 0.86261 6 1.19405 0.83748 7 8 1.22987 0.81309 1.26677 0.78941 9 10 11 12 13 1.30477 0.76642 1.34392 0.74409 1.38423 0.72242 1.42576 0.70138 1.46853 0.68095 11.4639 14 15 1.51259 0.66112 1.55797 0.64186 16 1.60471 0.62317 20.1569 12.56110 5.3091 4.57971 6.46841 5.41719 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 8.53020 11.8078 8.78611 12.8078 9.25262 13.1920 9.53020 14.1920 9.95400 14.6178 10.25262 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11.63496 18.5989 11.93794 19.1569 12.29607 20.7616 12.93794 5.4684 4.71710 6.6625 5.57971 Today, Thomas deposited $100,000 in a three-year, 12% CD that compounds quarterly. What is the maturity value of the CD? Help Seve & Exit Submit
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