Use the Compound Amount Formula $A = P \left( 1 + \frac { r } { n } \right) ^ { \mathrm { nt } }$

Multiple Choice

Use the compound amount formula $A = P \left( 1 + \frac { r } { n } \right) ^ { \mathrm { nt } }$ to find the accumulated amount on an investment of $\$ 2000$ , invested at an interest rate of $6 \%$ for 10 years, if the interest is compounded quarterly.

A) $3,628.04
B) $20,300.00
C) $16,543.61
D) $3,612.22