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Determine the amount of money you will have if you deposit 15,000 compounded quarterly for 5 years at 6% annual interest

Determine the amount of money you will have if you deposit 15,000 compounded quarterly for 5 years at 6% annual interest
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5 votes
Determine the amount of money you will have if you deposit 15,000 compounded quarterly for 5 years at 6% annual interest

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User Daniel GL
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1 Answer

3 votes
The amount is $20202.83 and the interest is $5202.83.
answered
User Keisuke KATO
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8.3k points
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