Question 27727
Since its 4.8% at compunded quaretly.. Its.
4.8/100=0.048


Formula.
{{{A=P(1+r/n)^(nt)}}}
{{{A=2500(1+0.048/4)^(4*10)}}}
{{{A=2500(1.012)^40}}}
{{{A=2500(1.6114636003931294479417015971454)}}}
{{{A=4028.66}}}


Hence, after tens years the investment is $4028.66.
Paul.