Question 172543
It follows ---->{{{A=P(1+(r/m))^(mt)}}}
*note:{{{m=CompoundedPerYear}}}
Then,
{{{A=1000(1+(0.05/4))^(20*4)}}}
{{{A=1000(1.0125)^80}}}
{{{A=1000(2.7015)}}}
{{{highlight(A=2701.5)}}}, Answer
Thank you,
Jojo