How much interest will claire receive at maturity

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Reference no: EM131306240

1. Value of CD. Travis has invested $3,000 in a three month CD at 4%. How much will Travis have when the CD matures?

2. Interest Earned. Claire has invested $10,000 in an 18-month CD that pays 6.25%. How much interest will Claire receive at maturity?

3. T-bill Return. Troy paid $9,600 for a T-bill with a face value of $10,000. What is Troy's return if he holds the T-bill to maturity?

Reference no: EM131306240

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