Today, Thomas deposited $130,000 in a three year, 4% investment account that compounds quarterly What is the maturity value of the investment account? Note: Use tables, Excel, or a financial calculator Round your final answer to the nearest whole doller (EX.SEX.SEVA.c.$3 and VA.of.55 Multiple Choice O O $140408 $145,600 $146.232

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Today, Thomas deposited $130,000 in a three-year, 4% investment account that compounds quarterly. What is the maturity value of the investment account?
Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of S1, PV of St. EVA of S1, and PVA of $0
Multiple Choice
O
$16,488
$145,000
$146232
$145088
Transcribed Image Text:Today, Thomas deposited $130,000 in a three-year, 4% investment account that compounds quarterly. What is the maturity value of the investment account? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of S1, PV of St. EVA of S1, and PVA of $0 Multiple Choice O $16,488 $145,000 $146232 $145088
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