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When you buy a certificate of deposit(CD), you are investing your money in an account that earns interest for a specific period of time. A
When you buy a certificate of deposit(CD), you are investing your money in an account that earns interest for a specific period of time. A CD matures when it has been invested for the required amount of time. Assume that you have $3,000 to invest in a 3-year CD with an APR of 2.1% compounded daily. When the CD matures, how much interest will you have earned? Round answer to nearest cent.
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