Please help me with my homework ðŸ¥¹

Use this formula to find the FV:

P=300; R=0.04/12; N=3*12; FV=P*((1 + R)^N - 1)/ R

FV = $ 11,454.47 - FV of the account after 3 years.

Note: I took 4% APR as compounded monthly.