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 two 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
Q9: A company is considering investing in a
Q18: You hope to retire in 10 years.Regrettably
Q24: The number of periods in a future
Q28: Chad is setting up a retirement fund,and
Q43: The present value of $5,000 per year
Q47: From the perspective of a depositor,a savings
Q51: In a present value or future value
Q57: When you reach retirement age, you will
Q58: The interest rate is also called the