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Solve for A A=3500(1+0.06/4)^(4(3))

$A = 3500 {(1 + \frac{0.06}{4})}^{4 (3)}$

Step 1

Divide $0.06$ by $4$ .

$A = 3500 {(1 + 0.015)}^{4 (3)}$

Step 2

Add $1$ and $0.015$ .

$A = 3500 \cdot {1.015}^{4 (3)}$

Step 3

Multiply $4$ by $3$ .

$A = 3500 \cdot {1.015}^{12}$

Step 4

Raise $1.015$ to the power of $12$ .

$A = 3500 \cdot 1.19561817$

Step 5

Multiply $3500$ by $1.19561817$ .

$A = 4184.66360011$

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