Question: Recently, a certain bank offered six-month CDs at 8.0% compounded monthly. (Round your answers to two decimal places.) (a) Find the annual yield of one

Recently, a certain bank offered six-month CDs at 8.0% compounded monthly. (Round your answers to two decimal places.)

(a) Find the annual yield of one of these CDs. % (b) How much would a $1,000 CD be worth at maturity? $ (c) How much interest would you earn? $ (d) What percent of the original $1,000 is this interest? %

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