61.1k views
5 votes
After 3 years, what is the total amount of a compound interest investment of $5,000 at 4% interest, compounded quarterly?

$5,203.71


$5,360.68


$20,480,000


$5,634.13

1 Answer

3 votes
5634.13 is the answer to your question
User Gerd Riesselmann
by
8.1k points