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The table gives information about a Certificate of Deposit Institution Wells Fargo Maturity 4 years Nominal Compounding Rate Method 4.20% monthly Minimum Investment $2,000 5

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The table gives information about a Certificate of Deposit Institution Wells Fargo Maturity 4 years Nominal Compounding Rate Method 4.20% monthly Minimum Investment $2,000 5 What is the percentage gain in the CD's value each month? Write your answer as a percent. Round your answer to two decimal places. 6 What is the future value of the CD when it matures, assuming the minimum amount is invested? 1 Round your answer to two decimal places. 7 What is the average rate of change of the investment from the time when the CD is purchased until the time it matures? - What is the average rate of change of the investment from the time when the CD is purchased until the time it matures? 1 Round your answer to two decimal places. Only enter the numeric value, no units. 8 What is the APY for the CD? 1 Write your answer as a percent. Round your answer to two decimal places. 9 What initial investment would be required for the CD to be worth $5000 when it matures? Round your answer to two decimal places. 10 How much would the CD be worth if the interest was compounded continuously instead of monthly? Round your answer to two decimal places

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