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Carlos Lopes is looking to invest for the next three years. He is looking to invest $7,500 today in a bank CD that will earn

Carlos Lopes is looking to invest for the next three years. He is looking to invest $7,500 today in a bank CD that will earn interest at 5.75 percent annually. How much will he have at the end of three years? (Round to the nearest dollar.)

$8,870

$8,575

$8,681

$8,990

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