Today,Thomas Deposited $100,000 in a Three-Year,12% CD That Compounds Quarterly

question 12

Multiple Choice

Today,Thomas deposited $100,000 in a three-year,12% CD that compounds quarterly.What is the maturity value of the CD?

• A)$109,270.
• B)$119,410.
• C)$142,576.
• D)$309,090.

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Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out neural signals.

Nerve

A bundle of fibers that transmits electrical impulses toward and away from the brain and spinal cord, facilitating communication between the body and nervous system.

Electrical Messages

Signals transmitted along neurons through changes in electrical potential, facilitating communication within the nervous system.

Nervous Tissue

A type of tissue composed of neurons and glial cells, specializing in the transmission of electrical nerve impulses throughout the body.