Iwill mark you as the brainlest
after 3 years what is the total amount of an investment of $1500 in an account paying 3.5% interest, compounded quarterly?
question 7 options:

$1908.42

$2266.60

$1724.36

$1665.31

Option D

The total amount after 3 years is $ 1665.31

Given that an investment of $1500 in an account paying 3.5% interest, compounded quarterly

To find: total amount after 3 years

The formula for total amount using compound interest is given as:

A = the future value of the investment/loan, including interest

P = the principal investment amount (the initial deposit or loan amount)

r = the annual interest rate (decimal)

n = the number of times that interest is compounded per unit t

t = the time the money is invested or borrowed for

Here in this problem,

p = $ 1500

t = 3 years

n = 4 (since compounded quarterly)

Substituting the values in above formula,

Thus total amount after 3 years is $ 1665.31. Option D is correct

fahrenheit

step-by-step explanation:

fahrenheit is more precise than celsius. the ambient temperature on most of the inhabited world ranges from -20 degrees fahrenheit to 110 degrees fahrenheit—a 130-degree range. on the celsius scale, that range is from -28.8 degrees to 43.3 degrees—a 72.1-degree range. this means that you can get a more exact measurement of the air temperature using fahrenheit because it uses almost twice the scale.

what i would say the best answer is a. 40.5