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? (PV of $1,FV of $1,PVA of $1,and FVA of $1)
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
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