a. 16. Welder Bank pays interest of 5.60% p.a., compounded monthly, on a 9-month certificate of deposit. If you deposit $20,000 into this account today, how much would you earn in interest over the 9-month period? $855.85 b. $1120.00 c. $834.25 d. $892.15 e. None of the answers listed above are within $0.50 of the correct