BANKING GENERAL KNOWLEDGE
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Question
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Heatherinvested $8, 000 in a 4-year Certificate of Deposit (CD) that pays 4.1% interestcompounded annually. What is the value of the CD at the end of the 4 years?
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$9, 394.92
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$9, 312.00
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$1394.00
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$1312.00
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Explanation:
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