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Certificate of deposit that pays compounded interest

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Reference no: EM132043771

Find the future value of a $12,000 Certificate of Deposit that pays compounded interest every three months at the rate of 8% per year. The CD has a term of 4 years.

Reference no: EM132043771

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Certificate of deposit that pays compounded interest : Find the future value of a $12,000 Certificate of Deposit that pays compounded interest every three months at the rate of 8% per year.
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