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Boris received a $ 1 8 0 0 bonus. He decided to invest it in a 2 - year certificate of deposit ( CD )
Boris received a $ bonus. He decided to invest it in a year certificate of deposit CD with an annual interest rate of compounded annually.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer t the list of financial formulas.
a Assuming no withdrawals are made, how much money is in Boris' account after years?
$
b How much interest is earned on Boris' investment after years?
$
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