Question: This test: 100 point(s) possible 2 This question: 4 point(s) possible Use the periodic compound interest formula. How much money will you have in 5

This test: 100 point(s) possible 2 This question: 4 point(s) possible Use the periodic compound interest formula. How much money will you have in 5 years if you invest $19,000 at a 3.5% annual rate of interest compounded quarterly? How much will you have if it is compounded monthly If the interest is compounded quarterly, the amount after 5 years will be (Simplify your answer. Round to the nearest cent.) If the interest is compounded monthly, the amount after 5 years will be $.(Simplify your answer. Round to the nearest cent.)

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