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Your birthday is next week and instead of other presents, your parents promised to give you $ 2 , 3 0 0 in cash. Since
Your birthday is next week and instead of other presents, your parents promised to give you $ in cash. Since you have a parttime job and, thus, dont need the cash immediately, you decide to invest the money in a bank CD that pays 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 decimal places, eg and final answer to decimal places, eg
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