The formula is
A=P(1+r/n)^nt
A future value?
P present value 1500
R interest rate 0.04
N compounded quarterly 4
T time 2 years
A=1,500×(1+0.04÷4)^(4×2)
A=1,624.29
So the answer is B
Hope it helps!
I believe your answer would be c.
Answer:
45.625
Step-by-step explanation:
24.5+14.25+6.875= 45.625