Instructions - Answer the questions below. You must show me the work so the inputs to the formula in order to get credit. For example, it must look something like this - FV = 100(1+.08) = 146.93. If it is difficult to do on Word, then write it on a piece of paper and submit a picture of the paper. 1. Suppose you currently have $2,000 and plan to purchase a 3-year certificate of deposit (CD) that pays 4% interest compounded annually. How much will you have when the CD matures? FVN = PV(1 + 1) 2. What if you have the same CD but the interest rate is 6%? So you currently have $2,000 and plan to purchase a 3-year certificate of deposit (CD) that pays 6% interest compounded annually. How much will you have when the CD matures