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What is the present value of $ 11,000 to be received in six years, discounted at 9 percent?

How much interest is earned on “a”?

How much interest would be earned on an annuity of $ 3,500 per year for seven years discounted at 11%?

You just purchased a 24-month certificate of deposit (CD) for $ 425,000. The CD earns 8% compounded quarterly. How much money will the CD be worth when it matures?

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