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You have a $18,750 three-month CD at 3% APY. 1.Calculate the APR. Give answer in the form of a percentage to four decimal places. 2.Calculate

You have a $18,750 three-month CD at 3% APY.

1.Calculate the APR. Give answer in the form of a percentage to four decimal places.

2.Calculate what the value of the CD is after one period assuming that you leave the three-month CD in for one full year at 3% APY.

3.Calculate what the value of the CD is after one year assuming that you leave the three-monthCD in for one full year at 3% APY.

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