Question: . Consider a CD paying a 3% APR compounded monthly. (a) Find the periodic interest rate. (b) Find the future value of the CD

. Consider a CD paying a 3% APR compounded monthly. (a) Find

. Consider a CD paying a 3% APR compounded monthly. (a) Find the periodic interest rate. (b) Find the future value of the CD if you invest $1580 for a term of three years.

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