Multiple Choice
Find the amount accumulated after investing a principal P for t years at an interest rate r.
-P = $12,000, t = 3, r = 10%, compounded quarterly (k = 4)
A) $15,972.00
B) $15,745.04
C) $4138.67
D) $16,138.67
Correct Answer:
Verified
Correct Answer:
Verified
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