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  3. gordon invested $100,000 into a cd compounded quar

Gordon invested $100,000 into a CD compounded quarterly with an annual interest rate of 6.00%....

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Basic Math

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Gordon invested $100,000 into a CD compounded quarterly with an annual interest rate of 6.00%. Determine how much money Gordon would have after 8 years. Round your answer to the nearest cent. Provide only a numerical answer (For example, if the final amount came to $5,023.97, then you would input 5023.97). Your Answer:

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