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OpenStudy (yuii):
After 8 years, what is the total amount of a compound interest investment of $25,000 at 3% interest, compounded quarterly? A. $25,377.11 B. $25,759.92 C. $26,148.50 D. $31,752.78
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OpenStudy (yuii):
D.
OpenStudy (wolf1728):
Yes it is D and if you need to know more about compound interest: http://www.1728.org/compint.htm
OpenStudy (yuii):
Thank you.
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