Question 1083711
<font color="black" face="times" size="4">Plug P = 80000, r = 0.0715, n = 4, and t = 18 into the formula below


A = P*(1+r/n)^(n*t)
A = 80000(1+(0.0715/4))^(4*18)
A = 286,477.309093138
A = 286,477.31


This value is larger than $250,000 so <font color=red>she will meet her goal</font>.</font>