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Today, Thomas deposited $170,000 in a 4-year, 12% CD that compounds quarterly. What is the maturity value of the CD? Multiple Choice $322,817 $353,036. $272,801.

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Today, Thomas deposited $170,000 in a 4-year, 12% CD that compounds quarterly. What is the maturity value of the CD? Multiple Choice $322,817 $353,036. $272,801. $190,400

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