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Carl invested $10000 into a CD that compounds quarterly with an annual interest rate of 6.5%. Determine how much money Carl would have after 10
Carl invested $10000 into a CD that compounds quarterly with an annual interest rate of 6.5%. Determine how much money Carl would have after 10 years. Round your answer to the nearest cent and just put numbers for your final answer (this means that you can avoid symbols like "$" in your final answer)
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