If $1000 is invested at an annual interest rate of 8% compounded quarterly, how much is available after 12 years?
Select one:
a. $2,518.17
b. $2,587,07
c. $2,611.70
d. $1,587.07

Nevermine i had it but know I don´t because i lost my notes

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).