What is the future value of 500 invested at 894 compounded


What is the future value of $500 invested at 8.94% compounded quarterly for 12.5 years (round to the nearest $1)?

A. $1,617

B. $670

C. $1,510

D. $46,739

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the future value of 500 invested at 894 compounded
Reference No:- TGS0982464

Expected delivery within 24 Hours