Respuesta :
Answer:
$65,068.44
Step-by-step explanation:
A= 20000(1+ 0.07/4)^4(17)
A= 20000(1.0175)^68
A= 65,068.44
The total amount accrued, principal plus interest, from compound interest in an original principal of $20k at a rate of 7% per year compounded 1 time per year over 17 years is $63,176.30