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How much money will you have when the CD matures

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Reference no: EM132840229

Problem - You inherit P150,000 from your aunt. You decide to invest the money in 2 points a three-year certificate of Deposit (CD) that pays 4% interest, compounding quarterly, to use as a down payment on a house. How much money will you have when the CD matures?

Reference no: EM132840229

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