Explore a diverse range of topics and get answers from knowledgeable individuals on IDNLearn.com. Our platform is designed to provide accurate and comprehensive answers to any questions you may have.

An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. approximately how much interest is earned on the investment? a. $724.67 b. $2127.72 c. $720.37 d. $2720.37 please select the best answer from the choices provided a b c d