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

Publish date: 2024-06-10

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

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