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View Policies Current Attempt in Progress Peter invests $ 108000 in a 5-year certificate of...

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Accounting

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View Policies Current Attempt in Progress Peter invests $ 108000 in a 5-year certificate of deposit earning 5% at his local bank. Which time value concept would be used to determine the maturity value of the certificate? Present value of one Future value of one. Present value of an annuity due. Future value of an ordinary annuity

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