Margaret Hillman invested $5,000 at 1.8% compounded quarterly for one year. Find the future value and the

Question:

Margaret Hillman invested $5,000 at 1.8% compounded quarterly for one year. Find the and the interest earned for the year?
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...