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Your brother has asked you to help him with choosing an investment. He has $4,100 to invest today for a period of two years.

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Your brother has asked you to help him with choosing an investment.

He has $4,100 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0300 annually with the interest being paid quarterly. What will be the value of the investment in two years?

Your answer should show at least the first 3 rounded non-zero digits followed by zeros.

 
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