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How much will you have when the C matures

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Reference no: EM133019364

Question - JG Asset Services is recommending that you invest $1225 in a 5 year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the C matures?

a. $1454.92

b. $1468.12

c. $1463.72

d. $1459.32

e. $1450.52

Reference no: EM133019364

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