1. John Anderson deposited $9,000 in a certificate of deposit (CD) for 3 years at...
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Accounting
1. John Anderson deposited $9,000 in a certificate of deposit (CD) for 3 years at 5%. At maturity, it will be worth: (Use time value tables or a financial calculator.
$10,519.
$10,419.
$11,419.
$11,589.
$12,489.
2.
If you purchase a house worth $125,000 and make a 10% down payment, how much would one mortgage point cost at closing?
$765
$995
$1,125
$1,535
$1,800
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