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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
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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

User Daniel Ellis
by
9.0k points

1 Answer

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