Solved

Solve the Problem. -Austin Invested $12,000 in an Account at 11% Compounded Quarterly

Question 162

Multiple Choice

Solve the problem.
-Austin invested $12,000 in an account at 11% compounded quarterly. Find the amount in Austin's account after a period of 3 years.

A) $4617.41
B) $16,172.66
C) $16,411.57
D) $16,617.41

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