SOLUTION: Find the future amount if $1900 is deposited at 8% compounded quarterly for 9 years. I dont know how to solve please put all steps!

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Question 608913: Find the future amount if $1900 is deposited at 8% compounded quarterly for 9 years. I dont know how to solve please put all steps!
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi
$1900 is deposited at 8% compounded quarterly for 9 years.
In General
A = Accumulated Amount
P= principal = $1900
r= annual rate = .08
n= periods per year = 4
t= years = 9

= $3875.79
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