Question

P = $14,300
r = 7 %
t = 4

Answer 1

`A=P\left(1+(t)/(100)\right)^t\\\\P=\$14,300\\r=7\%\\t=4\\\\A=\$14,300\left(1+(7)/(100)\right)^4=\$14,300(1+0.07)^4\$14,300\cdot1.07^4\approx18,744.38`