Isabel received a

$1700

bonus. She decided to invest it in a

2

-year certificate of deposit (CD) with an annual interest rate of

1.15%

compounded monthly. Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the

list of financial formulas

.

Assuming no withdrawals are made, how much money is in Isabel's account after

2

years?

(b) How much interest is earned on Isabel's investment after

2

years?