Question 872948
.


            If you will read the formulas in the post by  @Penguin,  it may happen that you will need an urgent medical help  ---

            so incorrectly and carelessly they are presented.


            Therefore, to avoid such a sad final,  I post here my correct solution,  which you may read safely.




<pre>
P = $22395
R = 4.09%
n = 12 months
t = 4 years 


A = {{{P(1 + r/n)^(nt)}}} = {{{22395*(1 + 0.0409/12)^48}}} = $26368.22
</pre>

Solved (in a correct and safe way).