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BRAINLISRST AND EXTRA POINTS I NEEDS I HELP Determine the value of an investment of $20,000 if it is invested at an interest rate of 5.2% compounded quarterly for 12 years.

BRAINLISRST AND EXTRA POINTS I NEEDS I HELP Determine the value of an investment of $20,000 if it is invested at an interest rate of 5.2% compounded quarterly for 12 years.
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1 vote
BRAINLISRST AND EXTRA POINTS I NEEDS I HELP

Determine the value of an
investment of $20,000 if it is invested
at an interest rate of 5.2%
compounded quarterly for 12 years.

asked
User Karephul
by
7.3k points

1 Answer

3 votes

Answer:

20,000x.052/12

Explanation:

answered
User Whatever Kitchen
by
8.4k points
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