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Lee Wills loaned Audrey Chin $ 1 6 , 5 0 0 to open Snip Its Hair Salon. After 4 years, Audrey will repay Lee
Lee Wills loaned Audrey Chin $ to open Snip Its Hair Salon. After years, Audrey will repay Lee with interest compounded quarterly.
How much will Lee receive at the end of years? Use the Table provided.
Note: Do not round intermediate calculations. Round your answer to the nearest cent.
Answer is complete but not entirely correct.
tableFuture value,$
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