Question: Please, if possible use Excel formulas, cell references, & horizontal timelines to show all work. Determine the value at the end of three years of

Please, if possible use Excel formulas, cell references, & horizontal timelines to show all work.

Determine the value at the end of three years of a $12,000 investment (today) in a bank certificate of deposit (CD) that pays a nominal annual interest rate of 6 percent, compounded under either of the following three terms. Round your answers to the nearest cent.

Semiannually $

Quarterly $

Monthly

following three terms. Round your answers to the nearest cent. a. Semiannually $ b. Quarterly $ c. Monthly $

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