If $1000 is invested at an annual interest rate of 8% compounded quarterly, how much is available after 12 years? Select one:
a. $2,518.17
b. $2,587,07
c. $2,611.70
d. $1,587.07
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Home » Mathematics » If $1000 is invested at an annual interest rate of 8% compounded quarterly, how much is available after 12 years? Select one: a. $2,518.17 b. $2,587,07 c. $2,611.70 d. $1,587.07