Solve.How much money will Orvin have in 4 years is he invests $5000 at 15% annual rate of interest compounded quarterly? How much will he have if it is compounded monthly? Use the interest formula 
. Round the answers to the nearest cent.
A. $5308.59 when compounded quarterly
$5308.98 when compounded monthly
B. $9011.14 when compounded quarterly
$16,357.45 when compounded monthly
C. $5308.59 when compounded quarterly
$9076.77 when compounded monthly
D. $9011.14 when compounded quarterly
$9076.77 when compounded monthly
Answer: D
Mathematics
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?
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