Verified Answer :

Aliwohaish12

Fv=360(1+0.04/4)^4*18
Fv=360(1+0.01)^72
Fv=736.96

Answer:

Principal (P)= $ 360

Rate of Interest = 4 %

Time =18 years

Interest is Compounded Quarterly.

In a year there are 4 Quarters.So, Time =72 Quarters

New Rate of Interest

                      @@MATH_TOKEN_0@@%

Amount after 18 years

                  @@MATH_TOKEN_1@@

        =$ 737.96

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