SOLUTION: What interest will be earned if $3500 is invested for 5 years at 8% compounded quarterly?

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Question 133929: What interest will be earned if $3500 is invested for 5 years at 8% compounded quarterly?
Answer by elima(1433) About Me  (Show Source):
You can put this solution on YOUR website!
3500%281%2B%28.08%2F20%29%29%5E%285%2820%29%29
$5217.22-3500=$1717.22
:)