Mathematics, 14.01.2021 06:00 mokietreu
Calculate the maturity value of a certificate of deposit if the interest is compounded monthly. Round
your answer to the nearest cent.
Principal = $1.250, rate = 6.9%, time = 1 year
O $2,444.98
$1,339.03
O $2,427.98
O $1,356.03
O $1,892.00
Answers: 3
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