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show work QUESTION 1 Ajax Company purchased a five-year certificate...

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Accounting

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QUESTION 1 Ajax Company purchased a five-year certificate of deposit for its building fund in the amount of $220,000. How much should the certificate of deposit be worth at the end of five years if interest is compounded at an annual rate of 9%? Arial T TT TT Paragraph % DOO Sx Mashup 3 (12pt) T' T. --- HTML CSS

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