Gordon invested $100,000 into a CD compounded quarterly with

Last updated: 7/19/2022

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: