Ted rogers is investing 1300000 in a bank cd that pays a 5, Ask an Expert

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Ted Rogers is investing $13,000.00 in a bank CD that pays a 5% annual interest. How much will the CD be worth at the end of five years? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Value of CD after 5 Years

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