Question 27 Not yet answered Marked out of 1.00 Flag question A certificate of deposit (CD) is a savings instrument that many banks offer. It usually gives a higher interest rate, but you cannot access your investment for a specified length of time. Suppose you deposit $3000 in a CD paying 6% interest, compounded monthly. How much will you have in the account after 20 years? Select one: a. 10000$ b. 12930.61$ c. 25% d. 9930.61$