In: Finance
What is the future value of a one time investment of $5000 after 20 years assuming an interest rate of 12% compounded quarterly?

| Quarters | Compounding rate 3% |
| 1 | 1.0300 |
| 2 | 1.0609 |
| 3 | 1.0927 |
| 4 | 1.1255 |
| 5 | 1.1593 |
| 6 | 1.1941 |
| 7 | 1.2299 |
| 8 | 1.2668 |
| 9 | 1.3048 |
| 10 | 1.3439 |
| 11 | 1.3842 |
| 12 | 1.4258 |
| 13 | 1.4685 |
| 14 | 1.5126 |
| 15 | 1.5580 |
| 16 | 1.6047 |
| 17 | 1.6528 |
| 18 | 1.7024 |
| 19 | 1.7535 |
| 20 | 1.8061 |
| 21 | 1.8603 |
| 22 | 1.9161 |
| 23 | 1.9736 |
| 24 | 2.0328 |
| 25 | 2.0938 |
| 26 | 2.1566 |
| 27 | 2.2213 |
| 28 | 2.2879 |
| 29 | 2.3566 |
| 30 | 2.4273 |
| 31 | 2.5001 |
| 32 | 2.5751 |
| 33 | 2.6523 |
| 34 | 2.7319 |
| 35 | 2.8139 |
| 36 | 2.8983 |
| 37 | 2.9852 |
| 38 | 3.0748 |
| 39 | 3.1670 |
| 40 | 3.2620 |
| 41 | 3.3599 |
| 42 | 3.4607 |
| 43 | 3.5645 |
| 44 | 3.6715 |
| 45 | 3.7816 |
| 46 | 3.8950 |
| 47 | 4.0119 |
| 48 | 4.1323 |
| 49 | 4.2562 |
| 50 | 4.3839 |
| 51 | 4.5154 |
| 52 | 4.6509 |
| 53 | 4.7904 |
| 54 | 4.9341 |
| 55 | 5.0821 |
| 56 | 5.2346 |
| 57 | 5.3917 |
| 58 | 5.5534 |
| 59 | 5.7200 |
| 60 | 5.8916 |
| 61 | 6.0684 |
| 62 | 6.2504 |
| 63 | 6.4379 |
| 64 | 6.6311 |
| 65 | 6.8300 |
| 66 | 7.0349 |
| 67 | 7.2459 |
| 68 | 7.4633 |
| 69 | 7.6872 |
| 70 | 7.9178 |
| 71 | 8.1554 |
| 72 | 8.4000 |
| 73 | 8.6520 |
| 74 | 8.9116 |
| 75 | 9.1789 |
| 76 | 9.4543 |
| 77 | 9.7379 |
| 78 | 10.0301 |
| 79 | 10.3310 |
| 80 | 10.6409 |