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Question The following certificate of deposit (CD) was released from a particular bank. Find the compound amount and the amount of interest earned by the following deposit. $1,000.00 at 1.02% compounded semiannually for 3 years.

Question

The following certificate of deposit (CD) was released from a particular bank. Find the compound amount and the

amount  of interest earned by the following deposit. $1,000.00 at 1.02% compounded semiannually for 3 years. 

 
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