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Today, Thomas deposited $150,000 in a three-year, 4% CD that compounds quarterly. What is the maturity value of the CD? (FV of $1. PV or
Today, Thomas deposited $150,000 in a three-year, 4% CD that compounds quarterly. What is the maturity value of the CD? (FV of $1. PV or $1. FVA of S1, and PVA OL$1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $168.000 $169,025 $168 730 5171225
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