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Suppose I have $5000 to invest, and I am able to invest it at an...

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Algebra

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Suppose I have $5000 to invest, and I am able to invest it at an 8% rate compounded quarterly.Which formula below shows the correct setup for calculating how much money will be in the account after 20 years?I will haveA = 5000e0.08-20dollars.I will haveA = 5000(1+0.08/4)4.20dollars.I will haveA = 5000e0.08-4-20dollars.I will haveA = 5000(1+0.0812)12.20dollars.

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