Learning goal: i’m working on a economics exercise and need an explanation and answer to help me learn.

Learning Goal: I’m working on a economics exercise and need an explanation and answer to help me learn.
Suppose you have $10,000 that you would like to invest today, which you
will use in three years to help finance the down payment on a new home. Using the summary attached on the
next page and assuming you would invest the $10,000 in a three-year certificate of deposit (CD), which
institution would provide the best return on your investment and how much, exactly, would a three-year CD
from that institution be worth three years from now? Be sure to explain the reason(s) for your choice.

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