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Find the future value of a $18,000 Certificate of Deposit that pays compounded interest every three months at the rate of 7% per year. The CD has a...
Find the future value of a $18,000 Certificate of Deposit that pays compounded interest every three months at the rate of 7% per year. The CD has a term of 5 years.
a) Calculate the FV (Future Value) using the "Future Value or Compound Amount of $1.00"