Today, Thomas deposited $130,000 in a 2-year, 12% CD that compounds quarterly. What is the maturity value of the CD

The maturity value of the CD is $164,680

Explanation:

The Maturity value of CD is the compounded value of the principal invested in the CD at a specified interest rate.

Use the following formula to calculate the maturity value of CD

Future value = Present value x ( 1 + Periodic Interest rate )^numbers of compounding periods

Where

Present value = Principal Invested = $130,000

Periodic Interest rate = 12% x 3/12 = 3%

Numbers of compounding periods = 2 years x 12/3 = 8 periods/quarters

Future value = Maturity value of the CD = ?

Placing values in the formula

Maturity value of the CD = $130,000 x ( 1 + 3% )^8

Maturity value of the CD = $130,000 x 1.266770081

Maturity value of the CD = $164,680.11

Maturity value of the CD = $164,680 ( Rounded to whole number )

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

answer///supply is elastic, and demand is inelastic;