Question 875950
 In General {{{A(t) = P(1+r/n)^(nt)}}}
A = Accumulated Amount
P= principal = $12,000
r= annual rate = .06
n= periods per year = 4
t= years =
{{{A(t) = 12000(1+.06/4)^(4t)}}}
{{{A(t) = 12000(1.015)^(4t)}}}