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Your birthday is next week and instead of other presents, your parents promised to give you $ 2 , 7 0 0 in cash. Since

Your birthday is next week and instead of other presents, your parents promised to give you $2,700 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 7.8 percent, compounded quarterly, for the next two years. How much money can you expect to earn in this period of time? (Round intermediate calculations to 6 decimal places, e.g.2.512512 and final answer to 2 decimal places, e.g.2,515.25.)
Expect to earn $
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