Question: Question #9: 15 points Consider a CD paying a 4.5% APR compounded monthly. Find the periodic interest rate and the future value of the CD

Question #9: 15 points Consider a CD paying a 4.5% APR

Question #9: 15 points Consider a CD paying a 4.5% APR compounded monthly. Find the periodic interest rate and the future value of the CD if you invest $3000 for a term of5 yeas. Show all relevant work otherwise no credit

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