How do I solve this solution? I'm confused - how to determine if it's a FV or PV.

Question

I am putting $1million in a CD with a stated rate of 5.3% for one year. What would the rate be if you compounded daily, weekly, monthly and semi annually? More commonly known as the Effective Annual Rate (EAR)?

Please enter the solution as FV, PV, PMT, I/Y, and N. So I can have a better understanding.

Answer 1

Hope this helps!