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A certificate of deposit ( CD ) is similar to a savings account, but deposits are generally held to maturity. They usually offer higher rates

A certificate of deposit(CD) is similar to a savings account, but deposits are generally held to maturity. They usually offer higher rates than savings accounts because they "tie up" money for a period of time and often require a minimum deposit. A 3-year CD at a certain bank has a nominal rate of 2.085%, and an effective annual yield of 2.100%.
If $800 is deposited with this bank, how much will be in the account at the end of the 3years?

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