Question

after 6 years what is the total anount of a compound intrest investment of $35,000 at 4% intrest compound quarterly

Answer 1

The pertinent formula is    A = P (1 + r/n )^(nt), where
P is the original amount of money (Principal),
A is the compound amount,
r is the annual interest rate, expressed as a decimal fraction, 
n is the # of compounding periods per year, and 
t is the # of years.

Here,   A = $35000 ( 1 + 0.04/4)^(4*6)
                = $35000 (1.01)^24
                = $35000 (1.2697) =    $44440.71