Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 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

Question

Present Value of 1  Future Value of 1  Present Value of an Annuity of 1  Future Value of an Annuity of 1  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

Quizplus · Accepted Answer

The Answer of Present Value of 1  Future Value of 1  Present Value of an Annuity of 1  Future Value of an Annuity of 1  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