A recent high school graduate received 800 in gifts of cash

Last updated: 9/20/2023

A recent high school graduate received 800 in gifts of cash from friends and relatives In addition he received three scholarships in the amounts of 150 300 and 1500 If he takes all his gift and scholarship money and invests it in a 36 month CD paying 2 interest compounded daily how much will the graduate have when he cashes in the CD at the end of the 36 months