Multiple Choice
Keisha has $3,500 now and plans on investing it in a fund that will pay her 12% interest compounded quarterly.How much will Keisha have accumulated after 2 years?
A) $4,433.80
B) $4,340.00
C) $4,390.40
D) $3,920.00
E) $3,500.00
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Future value can be found if the
Q34: A company borrows money from the bank
Q45: A company is creating a fund today
Q48: A company borrows money from the bank
Q50: Daley Co.lends $524,210 to Davis Corporation.The terms
Q55: An individual is planning to set-up an
Q56: At an annual interest rate of 8%
Q57: When you reach retirement age, you will
Q58: The interest rate is also called the
Q67: You are little late planning your retirement,