You can invest $25,000 in a certificate of deposit (CD) offered by your bank. The CD is for 10

years and the bank quotes you a rate of 6%. How much will you have in 5 years if the 6% is

A) an EAR?

B) a quarterly APR?

C) a continuously compounded APR?

Be as detailed as possible. Show all your steps. Do not round.

You may use financial calculator, but if you do be sure to list the values you entered into the calculatior (e.g., PV=, FV=, I/Y=)