GB550 Financial Management Quiz

Please respond if you can help on this quiz.

 

1. Suppose you have $1,500 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures? (Points : 2)       
      
      
      

      
      
      

 
      
      
      
      

 
      
      
      

 
      
      
      

 
      
      
      

 
      
      
      
      

 
      
      
      

 
      
      
      

 
      
      
      

 
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