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Gordon invested $43,000 into a CD compounded quarterly with an annual interest rate of 3.05%. Determine how much money Gordon would have after 8 years.

Gordon invested $43,000 into a CD compounded quarterly with an annual interest rate of 3.05%. 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).

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