Answer:
Future Value will increase
Explanation:
Future Value = Present Value (PV)*(1 + i)^n
<em>Let Amount be $10,000</em>
<em>Interest = 12% compounded annually</em>
<em>Period = 4</em>
Future Value = $10,000 * (1 + 12%)^4
Future Value = $15,735.19
<em>Let Amount be $10,000</em>
<em>Interest = 12% compounded quarterly</em>
<em>Period = 4 (4*4)</em>
Future Value = $10,000*(1 + 3%)^16
Future Value = $16,047.06
Conclusion: The future value will increase.
