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Your birthday is next week and instead of other presents, your parents promised to give you $1,300 in cash. Since you have a part-time job

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Your birthday is next week and instead of other presents, your parents promised to give you $1,300 in cash. Since you have a part-time job and, thus, don't need the cash immediately, you decide to invest the money in a bank CD that pays 5,40 percent, compounded quarterly, for the next two years. How much money can you expect to earn in this period of time? (If you solve this problem with algebra round intermedlate calculations to 6 decimal ploces, in all cases round your final onswer to the nearest penny) Value of imvestment after 2 years $

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