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texasmade2550 texasmade2550
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3 months ago

When Jessica was born in 1984, her grandparents invested $4,000 in a 5 year 5% certificate of deposit with monthly compounding. FV = 4,000(1 + 0.05 ÷ 12)60 can be used to find the value of the investment at maturity.



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Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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jgunn88jgunn88
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3 months ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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