If $2400 is invested at 4.3% annual interest, compounded quarterly, the amount in the account after 6 years is
2400(1+0.0434)24
Calculate this amount.
Learn to write your formula accurately as follows:
Instead of this that you wrote down:
It should look like this:
2,400[1 + 0.43/4]^(6*4)
2,400[1 + 0.01075]^24
2,400 x 1.01075^24
2,400 x 1.292558
=$3,102.14