Question

future value of 10% savings from earnings of 36000 earns 6.25% annual interest compounded quarterly for 15 years​

Answer 1

without further ado

10% of 36000 is simply 3600, we chopped a "0" off of it hmmm, ok so

`~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+(r)/(n)\right)^(nt) \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$3600\\ r=rate\to 6.25\%\to (6.25)/(100)\dotfill &0.0625\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four} \end{array}\dotfill &4\\ t=years\dotfill &15 \end{cases} \\\\\\ A=3600\left(1+(0.0625)/(4)\right)^(4\cdot 15)\implies A=3600(1.015625)^(60)\implies A\approx 9126.53`