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After 8 years, what is the total amount of a compound interest investment of$25,000 at 3% interest compounded quarterly?

User LNA
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2 Answers

5 votes

the answer is this :3

After 8 years, what is the total amount of a compound interest investment of$25,000 at-example-1
User Tobberoth
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Your question: After 8 years, what is the total amount of a compound interest investment of $25,000 at 3% interest compounded quarterly?

Answer: $31,752.78

Good luck mate. Remember to look through notes and so-forth.

User Jamian
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