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3. Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in 2 years. How much will this CD be worth at maturity?

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3. Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in...

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3. Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in 2 years. How much will this CD be worth at maturity? ​

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Another question on Mathematics

3. Suppose you invest $2250 in a CD that earns 3% APR and is compounded quarterly. The CD matures in 2 years. How much will this CD be worth at maturity?