Question 816622
we will use the equation
{{{P = A(1 + (r/n))^(n*t)}}}
A equals the amount invested
r equals the rate or percentage
n equals the number of times compounded in one year
t equals the number of years it will be invested


{{{P = 12000(1 + (.05/4))^(4*2)}}}
{{{P = 13253.83}}}
The money in the bank after 2 years will be $13,253.83