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A CD , or a certificate of deposit is a type of savings account with a fixed rate in term, meaning you could only redeem

A CD, or a certificate of deposit is a type of savings account with a fixed rate in term, meaning you could only redeem it when the term is over. If you open a CD with an initial deposit of $800 and an APR of 6.8% compounded, monthly what profit will you have earned when you redeem the CD in three years? Round your answer to the nearest cent if necessary

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