Kathy Crag, the owner of The Fabric Corner, lent $15,000 to Dani Flynn to open her own card shop.

Dani plans to repay Kathy at the end of 12 years with 8% interest compounded quarterly.

How much will Kathy receive at the end of 12 years?

Kathy Crag, the owner of The Fabric Corner, lent $15,000 to Dani Flynn to open her own card shop.

Dani plans to repay Kathy at the end of 12 years with 8% interest compounded quarterly.

How much will Kathy receive at the end of 12 years?