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Dr Hayward invests $10,000 for 3 years in a bank certificate of deposit (CD) that pays 6% compounded monthly

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Dr Hayward invests $10,000 for 3 years in a bank certificate of deposit (CD) that pays 6% compounded monthly. When the CD mature at 3 years, the good doctor then takes the maturity value (principal plus interest) and invests that amount for 5 years in an investment fund paying r= 7.2% compounded annually. 1 8 1 years 0 3 Calculate: (a) maturity value at 3 years of first investment (b) maturity value at 8 years (c) S interest earned over the combined 8-year investment period