Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield (APY) for the investment. (Round your answers to two decimal places.) Principal Nominal Rate (%) Interest Compounded Compound Interest Earned in 1 Year Annual Percentage Yield (APY) $35,000 12 monthly $ % [0/1 Points] DETAILS PREVIOUS ANSWERS BRECMBC9 11.1.032. MY NOTES ASK YOUR TEACHER The First National Bank is offering a 5 year certificate of deposit (CD) at 4% interest compounded quarterly; Second National Bank is offering a 5 year CD at 5% interest compounded annually. (Round your answers to two decimal places.) (a) If you were interested in investing $6,000 in one of these CDs, calculate the compound amount (in $) of each offer. (Use Table 11-1.) First National Bank $ 7694.59 X Second National Bank $ 7299.92 X (b) What is the annual percentage yield of each CD? First National Bank % Second National Bank % (C) If Third National Bank has a 5 year CD at 4.5% interest compounded monthly, use the compound interest formula to calculate the compound amount (in $) of this offer. $