Acertificate of deposit earns 0.75% interest every three months. the interest is compounded. what is the value of a $25,000 investment after 8 years?

The value would be approximately $ 31,752.78

Step-by-step explanation:

Since, the amount in compound interest is,

Where, P is the principal amount,

t is the number of years,

n is the compounded periods,

r is the rate per period,

Here, P =  $ 25,000

t = 8 years,

n = 4 ( the periods of 3 month in a year is 4 )

r = 0.75 % = 0.0075

Hence, the value of the investment would be,

the multiples of 15 are 15, 30,45, 60, 75, 90, 105, 120, 135, 150, 165, 180, 195,   210, 225, 240, 255, 270, 285, 300, 315, 330, 345, 360, 375,   390, 405, 420, 435, 450, 465, 480, 495, 510, 525, 540, 555, 570, 585, 600, 615, 630, 645, 660, 675, 690, 705, 720, and 735.

the factors of 15 are 1, 3, 5, and 15.

hope that , fam!

-une, your fren : )