Aliyah deposits $57,000 into an account that earns 3.875% interest compounded quarterly. How much interest does Aliyah earn over the term of the investment, 6 years? Round to the nearest cent.



Answer :

Answer: Aliyah earns approximately $14,640.30 in interest over the 6-year term of the investment when rounded to the nearest cent  

Step-by-step explanation: