Jayson invests $325 in a bank at a rate of 5% compounded quarterly. If he doesn't touch it, how much will he have after 8 years?

Hello! I would love to help!

Alright, we need to add all the fractions the problem gives us in order to find the answer. However, first, we need to find a common denominator.

So, what number can 2, 4, and 3 all go into?

The lowest number is 12. So, let's call 12 our common denominator.

Now, let's turn all the fractions to 12 as the denominator.

3/4= 9/12

1/2= 6/12

1/3 =4/12

Okay! Let's add the new fractions!

9/12+6/12+4/12=19/12

Let's turn it into a mixed number!

1 7/12

That's the answer!

Hope this helps! Comment if you have any questions!