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2) A recent high school graduate received $ 700 in gifts of cash from friends and relatives. In addition, sheshe received three scholarships in the
2) A recent high school graduate received $ 700 in gifts of cash from friends and relatives. In addition, sheshe received three scholarships in the amounts of $ 350,$ 500 and $1000 if she takes her gift and schorlarship money and invest it in a 36 month CD paying 2% interest compounded daily, how much will the graduate have when she cashes in the CDat the end of the 36 months? The graduate will have
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