Brent has saved $$3,000$ toward his daughter's college education. He plans to keep this money in Great Start Community Bank. The chart above displays the bank's current savings account rates. Use the compound interest calculator below to compute your answers to the following questions.

Note: You will use an online financial calculator to answer some questions in this competency. Round off your answers to two places to the right of the decimal point. Brent finally decides to open a five$-$year CD and deposit $$3,000$ into this account. The interest on this particular account compounds monthly. Calculate how much money the CD will be worth at the end of five years.