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1. You just invested $5,000 in a 48-month certificate of deposit (CD) at your local bank. The CD pays 1.5% interest per year compounded monthly.

1. You just invested $5,000 in a 48-month certificate of deposit (CD) at your local bank. The CD pays 1.5% interest per year compounded monthly. What amount will your CD be worth when it matures? Please Answer using financial calculator keys: state which keys are used.

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