Using the tables presented in your reading material, find the maturity value of a $1 at a compound interest rate of 9% over 4 periods. a. 1.3859 b. 1,4116 c. 1,4641 d. 1,4661

The value is 1 dollar.

With compound interest rate of 9% over 4 period.

=> 1 dollar *.09 = 0.0081

=> 1.0081 * 0.09 = 0.090729

=> 0.090729 + 1.0081 = 1.098829

=> 1.098829 *.09 = 0.09889461

=> 1.098829 * + 0.09889461 = 1.19772361

=> 1.19772361 *.09 = 0.1077951249

=> 1.19772361 + 0.1077951249 = 1.3055187349

Or 1.31