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help me

A 2-year certificate of deposit is purchased for k dollars. If the certificate earns interest at an annual rate of 6 percent compounded quarterly, which of the following represents the value, in dollars, of the certificate at the end of the 2 years ?

by vidhimistry

Tue Apr 26, 2011 5:36 am
Forum: Problem Solving
Topic: help me
Replies: 4
Views: 1622