A principal of $4000 is invested at 8% interest.Find the amount after 10 years if the interest is compounded quarterly.
A)$8835.16
B)$8833.16
C)$8836.16
D)$8834.16
E)$8832.16

Question

A principal of $4000 is invested at 8% interest.Find the amount after 10 years if the interest is compounded quarterly. ​
A)$8835.16
B)$8833.16
C)$8836.16
D)$8834.16
E)$8832.16

Quizplus · Accepted Answer

The Answer of A principal of $4000 is invested at 8% interest.Find the amount after 10 years if the interest is compounded quarterly. ​
A)$8835.16
B)$8833.16
C)$8836.16
D)$8834.16
E)$8832.16

A Principal of $4000 Is Invested at 8% Interest