Final answer:
The value of Chris' retirement fund today is $15,583.25.
Step-by-step explanation:
To calculate the value of Chris' retirement fund today, we can use the formula for compound interest: A = P(1 + r/n)^(nt). Here, P = $10,000 (the initial investment), r = 5.32% (the annual interest rate), n = 4 (the number of times interest is compounded per year), and t = 9.5 (the number of years). Plugging these values into the formula, we get:
A = 10000(1 + 0.0532/4)^(4*9.5)
A = $15,583.25
Therefore, Chris' retirement account is worth $15,583.25 today.