Total = Principal * [1 + (rate/n)]^n*years Where "n" is the compounding periods per year Total = 12,000 * (1+(.05/4))^(4*4) Total = 12,000 * (1.0125)^(16) Total = 12,000 *
<span>
<span>
<span>
1.2198895477
</span>
</span>
</span>
<span>
</span>
Total =
<span>
<span>
</span></span><span><span><span>14,638.67</span>