Six and a half years ago, Chris invested $9,000 in a retirement fund that grew at the rate of 10.44%/year compounded quarterly. What is his account worth today? Please round the answer to the nearest cent.
A) $17,631.72
B) $17,796.97
C) $17,561.76
D) $17,586.30
E) $18,596.31

Question

Six and a half years ago, Chris invested $9,000 in a retirement fund that grew at the rate of 10.44%/year compounded quarterly. What is his account worth today? Please round the answer to the nearest cent. ​
A) $17,631.72
B) $17,796.97
C) $17,561.76
D) $17,586.30
E) $18,596.31

Quizplus · Accepted Answer

The Answer of Six and a half years ago, Chris invested $9,000 in a retirement fund that grew at the rate of 10.44%/year compounded quarterly. What is his account worth today? Please round the answer to the nearest cent. ​
A) $17,631.72
B) $17,796.97
C) $17,561.76
D) $17,586.30
E) $18,596.31

Six and a Half Years Ago, Chris Invested $9,000 in a Retirement