Question 1157553
{{{ A = P*( 1 + r/n )^( n*t ) }}}
{{{ P = 1500 }}}
{{{ r = .08 }}}
{{{ n = 12 }}}
{{{ t = 3 }}}
{{{ A = 1500*( 1 + .08/12 )^( 12*3 ) }}}
{{{ A = 1500*( 1 + .00667 )^36 }}}
{{{ A = 1500*1.00667^36 }}}
{{{ A = 1500*1.27024 }}}
{{{ A = 1905.36 }}}
$1,905.36 
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check:
{{{ A = 1500*1.00667^36 }}}
{{{ 19508.36 = 1500*1.00667^36 }}}
{{{ 1.27023 = 1.00667^36 }}}
{{{ 1.27023 = 1.27025 }}}
Error due to rounding off
OK