Question

After 5 years, what is the total amount of a compound interest investment of $32,000 at 3% interest, compounded quarterly?

A) $57,795.56
B) $43,099.36
C) $32,426.67
D) $37,157.89

Answer 1

do you know the formual?

Answer 2

formula*

Answer 3

I figured it out. It's D.