Weegy: 500000 * (1 + 0.06/4)^(5*4) - 500000 = 173427.503275 ~= $173,428. You would earn about $173,428 if you have $500,000 at 6% compounded interest quartely for 5 years. (More)

Weegy: A client comes to you for investment advice on his $500,000 winnings from the lottery. [ He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment.
Answer:
Option 3: 14.5% simple interest for 10 years " is simple interest choice!
] (More)

Weegy: FV = PV × (1+r)^n
where FV = Future Value
PV = Present Value
r = annual interest rate
n = number of periods
The calculation = $500,000 x (1 + 8%)^5 = $734 664 (More)