Question 876614
<pre><font face = "Tohoma" size = 3 color = "indigo"><b> 
Hi, Previously Posted
 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 = 15
{{{A(t) = 12000(1.015)^(60)}}}