Your birthday is coming up and instead of other presents, your parents promised to give you $1,100 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 an annual rate of 6.20 percent, compounded quarterly, for the next two years. How much money can you expect to ear in this period of time? (If you solve this problem with algebra round intermediate calculations to decimal places in all cases round your final answer to the nearest penny.) Value of investment after 2 years Click if you would like to show Work for this question Open Show Work