Question:

An account is opened with an initial deposit of $24,000 and

Last updated: 7/13/2022

An account is opened with an initial deposit of $24,000 and

An account is opened with an initial deposit of $24,000 and earns 2.5% interest compounded quarterly. What will the account be worth in 15 years? Since we are dealing with money, round 2 decimals.