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your answers to two decimal places. ) ( a ) If you were interested in investing $ 9 , 0 0 0 in one of

your answers to two decimal places.)
(a) If you were interested in investing $9,000 in one of these CDs, calculate the compound amount (in $ ) of each offer. (Use Table 11-1.)
First National Bank $
Second National Bank $
(b) What is the annual percentage yield of each CD?
First National Bank
%
%
(c) If Third National Bank has a 3 year CD at 4.5% interest compounded monthly, use the compound interest formula to calculate the compound amount (in $ ) of this offer. $
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