If you have $15,000 in an account with a 4.5% interest rate, compounded quarterly, how much money wi | MathCelebrity Forum

If you have $15,000 in an account with a 4.5% interest rate, compounded quarterly, how much money wi

math_celebrity

Administrator
Staff member
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
 
Back
Top