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Deshaun received a $1800 bonus. He decided to invest it in a 5-year certificate of deposit (CD) with an annual interest rate of 1.41% compounded daily.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent.
(a) Assuming no withdrawals are made, how much money is in Deshaun's account after 5 years?
(b) How much interest is earned on Deshaun's investment after 5 years?

Sagot :

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