question archive $1000 is invested at an interest rate of 2% per year compounded quarterly

$1000 is invested at an interest rate of 2% per year compounded quarterly

Subject:MathPrice:2.86 Bought5

$1000 is invested at an interest rate of 2% per year compounded quarterly. Find the value of the investment after 15 years correct to the nearest cent (2 decimal place).  

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