$1800 is invested at 10% compounded quarterly for four years. Find the amount at the end of four years. My answer is $2520.00 is this right, thank for checking. No, I'm afraid it's wrong. You used the SIMPLE interest formulas i = Prt and A = P + i. You must consider the fact that this is COMPOUND interest, not SIMPLE interest, and that the compounding is done 4 times a year. You must use this COMPOUND interest formula instead: A = P(1 + r/n)nt where A = 1800, r = .10, n = 4 (for quarterly, 4 times per year), t = 4 (years) A = 1800(1 + .10/4)(4×4) = 1800(1 + .025)16 = 1800(1.025)16 = 2672.110117 So your answer should be $2672.11 Edwin