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After 5 years, what is the total amount of a compound interest investment of $32,000 at 3% interest, compounded quarterly?
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After 5 years, what is the total amount of a compound interest investment of $32,000 at 3% interest, compounded quarterly?

User Jeffreyweir
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2 Answers

4 votes

Answer:

$37,157.89

Explanation:

took the test and got it correct

User Ander Webbs
by
8.4k points
7 votes
$37,157.89 Hope that helps!
User Walker Rowe
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8.0k points
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