(Choose 1 answer)
(20575) Future value: 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.)
A. $8,870
B. $8,000
C. $8,681
D. None of these
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