Question: the answer is b , but show the work 1 . If you invest $ 1 0 , 0 0 0 in a 4 -

the answer is b, but show the work
1. If you invest $10,000 in a 4-year certificate of deposit (CD) paying 10 percent interest compounded annually, determine how much the CD will be worth at the end of 4 years.
a. $13,600
b. $14,640
c. $15,958
d. $45,730

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