If you have $15,000 in an account with a 4.5% interest rate, compounded quarterly, how much money will you have in 25 years?
Using our compound interest calculator with 25 years * 4 quarters per year = 100 periods of compounding, we get:
$45,913.96
Using our compound interest calculator with 25 years * 4 quarters per year = 100 periods of compounding, we get:
$45,913.96