$[$Related to Solved Problem $3\mathrm{.}1$A$]$ Suppose that you are considering investing $$1,300$ in one of the following bank

CDs$.$

CD $1,$ which will pay an interest rate of $8\%$ per year for three years

CD $2,$ which will pay an interest rate of $10\%$ the first year, $8\%$ the second year, and $5\%$ the third year

The future value of $CD1$ is $$,$ and the future value of $CD2$ is $$.($Round your responses to the nearest cent.$)$

Given the future values you calculated, which CD should be chosen?

A$.$ CD $1$ should be chosen.

B$.$ CD $2$ should be chosen.