Question 414307
  <pre><font face = "Times" size = 3 color = "indigo"><b>
Hi
Note: A= P(1+r/n) ^nt  OR I + P = P(1+r/n) AND I =P[(1+ r/n)^nt - 1] 
 I = $10,000[(1+ .06/4)^4*15 - 1] = $10,000[(1.015^60 - 1] = $14,432.20

CHECKING our Answer***
 A= P(1+r/n) ^nt
 $24,432.20 = 10,000(1.015)^60