If you bought a 1000 face value cd that matured in nine


If you bought a $1,000 face value CD that matured in nine months, and which was advertised as paying 9% annual interest, compounded monthly, how much would you receive when you cashed in your CD at maturity?

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Finance Basics: If you bought a 1000 face value cd that matured in nine
Reference No:- TGS0995429

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