Tina invested $8, 550 in a 4-year CD that earns 3% annual interest that is compounded continuously. How much will the CD be

Question

Tina invested $8, 550 in a 4-year CD that earns 3% annual interest that is compounded continuously. How much will the CD be worth at the end of the 4-year term? Include a dollar sign in your answer and commas when appropriate. Round to the nearest cent. Provide your answer below:

Kunduz · Accepted Answer

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