Question

Meghan deposited $2,500in an account at a bank that pays 16% compounded quarterly. Use the compound interest table to find the interest earned on the investment after 2 years.
a. $921.43
b. $204
c. $2,704
d. $3,421.43

**This is a sample question** (Please Help!)
i = .16/4 = .04
n = 4(2) = 8

amount = 2500(1.04)^8 =3421.42

your textbook still has tables???
how old is this?

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