Which of the following formulas represents the future value of $500 invested at 8% compounded quarterly for five years?

Which of the following formulas represents the future value of $500 invested at 8% compounded quarterly for five years?

Which of the following formulas represents the future value of $500 invested at 8% compounded quarterly for five years?

a. 500(1+.08)5
b. 500(1+.08)20
c. 500(1+.02)5
d. 500(1+.02)20