Susan deposited $1,500.00 in a savings account with an interest rate of 9% for 7 years. The interest is compounded quarterly. How much money did Susan have at the end of the seven years?

help me put in the numbers in the formula to figure out the problem
with this formula :Compound Interest Formula: A = P(1 + r/n)nt
i have 1500 ( 1 + 0.09/?) and if there is anything needed outside

Question

Susan deposited $1,500.00 in a savings account with an interest rate of 9% for 7 years. The interest is compounded quarterly. How much money did Susan have at the end of the seven years?

help me put  in the numbers in the formula to figure out the problem
with this formula :Compound Interest Formula: A = P(1 + r/n)nt
i have 1500 ( 1 + 0.09/?) and if there is anything needed outside

anonymous · Answer

You need to raise the whole thing to 7*4
1500(1+.09/4)^4*7

anonymous · Answer

ok ty