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  3. carson invested $100 in a 8-year cd that earns 13%

Carson invested $100 in a 8-year CD that earns 13% annual interest that is compounded...

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Algebra

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Carson invested $100 in a 8-year CD that earns 13% annual interest that is compounded continuously. How much will the CD be worth at the end of the 8-year term? Include a dollar sign in your answer and commas when appropriate. Round to the nearest cent.Provide your answer below:

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