7.3.9 Question Help To help pay for a class trip at the end of their senior year, the sophomore class at a high school invests $1300 from fund-raisers in a 30-month CD paying 4 5% interest compounded monthly. Determine the amount the class will receive when it cashes in the CD after 30 months. The sophomore class will receive $ | when it cashes in the CD. (Round to the nearest cent as needed.)