Question 172037
This follows {{{F=P(1+(i/m))^(mn)}}}
where-------->{{{system(F=FutureValue, P=Principal,i=interest,m=CompundedPerYear,n=years)}}}
So, {{{F=3000(1+(.12/4))^(4*20)}}}
{{{F=3000*(1.03)^80}}}
{{{highlight(F=31922.67)}}}
Thank you,
Jojo