Question 909026
 In General {{{A(t) = P(1+r/n)^(nt)}}}
A = Accumulated Amount
P= principal = 
r= annual rate = .
n= periods per year = 
t= years =
{{{A(4) = 1000(1+ .08/4)^(4*4)}}}
{{{A(4) = 1000(1.02)^(16)}}}