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Today, Justin deposited $100,000 in a three-year, 12% investment account that compounds quarterly. What is the maturity value of the investment account? Note: Use tables.
Today, Justin deposited $100,000 in a three-year, 12% investment account that compounds quarterly. What is the maturity value of the investment account? Note: Use tables. Round your final answer to the nearest whole dollar. (FV of $1,PV of $1 , FVA of $1, and PVA of $1 ). Multiple Choice $119,410 $109,270 $309,090 $142,576
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