Mathematics, 31.05.2020 05:00 OIFvet

When Derrick turned 14 his grandparents put $10,000 into an account that yielded 1.5% interest, compounded quarterly. When Derrick turns 18, his grandparents will give him the money to use toward his college education. How much does Derrick recieve from his grandparents on his 18th Birthday?

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