Regina Henry deposited $20,000 in a money market certificate that provides the interest of 10% compounded quarterly if the amount is maintained for 3 years. How much will Regina Henry have at the end of 3 years?

Regina Henry deposited $20,000 in a money market certificate that provides the interest of 10% compounded quarterly if the amount is maintained for 3 years. How much will Regina Henry have at the end of 3 years?



Answer: 26898


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