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Category > Business & Finance Posted 26 May 2017 My Price 8.00

1. Value of CD.

1. Value of CD. Travis has invested $3,000 in a three month CD at 4%. How much will Travis have when the CD matures?

2. Interest Earned. Claire has invested $10,000 in an 18-month CD that pays 6.25%. How much interest will Claire receive at maturity?

3. T-bill Return. Troy paid $9,600 for a T-bill with a face value of $10,000. What is Troy’s return if he holds the T-bill to maturity?

 

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Homework Helper
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Status NEW Posted 26 May 2017 06:05 PM My Price 8.00

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