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6) Aubrey has an opportunity to invest $10,000 in a Certificate of Deposit (CD) that will pay her 2.78% annually. When the CD matures in

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6) Aubrey has an opportunity to invest $10,000 in a Certificate of Deposit (CD) that will pay her 2.78% annually. When the CD matures in 6 years, how much will Aubrey receive? Note: CD's only pay interest at the end of the period. 7) Assume the same facts as in 6) above, except the interest will be compounded semi- annually. When the CD matures in 6 years, how much will Aubrey receive? N PV PMT

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