Question: Consider u CD paying a 55%, APR compounded monthly (a) Find the periodic interest rate b) Find the future value of the CD if you
Consider u CD paying a 55%, APR compounded monthly (a) Find the periodic interest rate b) Find the future value of the CD if you invest $2000 for a term of two years (a) The periodic interest rate is (Round to the decimal places as needed) (b) The future value of the Coif you invest 52000 for a term of two years is $ (Use the answer from part(s) to find this awer Round to the nearestent as needed) low Recording 7
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