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Future value​ (with changing​ years).   Dixie Bank offers a certificate of deposit with an option to...

Future value​ (with changing​ years).  

Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has ​$9 comma 500 for his CD investment. If the bank is offering a 3​% interest​ rate, compounded​ annually, how much will the CD be worth at maturity if Jonathan picks a

a. two​-year investment​ period?

b.  five​-year investment​ period?

c.  eight​-year investment​ period?

d.  twenty​-year investment​ period?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago
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