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Question
Submitted by vadlov on Thu, 2012-05-10 11:58
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vadlov bought 53 out of 62 answered question(s)

Suppose you have $1,500 and plan to purchase a 5-year certificate of deposit (CD) that pays 4.0% interest, compounded quarterly....

Suppose you have $1,500 and plan to purchase a 5-year certificate of deposit (CD) that pays 4.0% interest, compounded quarterly. How much will you have when the CD matures?

Answer
Submitted by shahimermaid on Thu, 2012-05-10 12:36
teacher rated 390 times
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price: $1.00

the answer is explained in the simplest way

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r xxxxx interest, compounded quarterly.

How much will xxx have xxxx xxx xx xxxxxxxx

A xxxxxxxxxxxxx

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x xxxx


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