deposit 1000Example: Kevin deposits $3,000 in a 1-year certificate of deposit (CD) at 5.6% annual interest compounded daily. How much will his CD be worth at maturity? How much will his CD beSingapore, 07 October 2015 – OCBC Bank has become the first local bank to upgrade all cash deposit machines (CDMs) at its branches so as to accept the full range of Singapore dollar