Maybe this is what you had in mind:
14,358[1 + 0.04/12]^12 =$14,942.97 - This is FV of $14,358 @ 4% comp. monthly for 12 months.
Or maybe this:
14,358[1 + 0.04]^12 =$ 22,987.62 - This is the FV of $14,358 @ 4% comp.annually for 12 years.
Take your pick!!!.