If you receive $20,000 as a gift and invest it at 12% compounded quarterly,how much will you have at the end of three years?
A)$32,020.60.
B)$28,515.20.
C)$22,497.20.
D)$14,027.60.

Question

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The Answer of If you receive $20,000 as a gift and invest it at 12% compounded quarterly,how much will you have at the end of three years?
A)$32,020.60.
B)$28,515.20.
C)$22,497.20.
D)$14,027.60.

If You Receive $20,000 as a Gift and Invest It