Math help to find answer

Question

Jaxon invested $58,000 in an account paying an interest rate of 2.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 14 years?

Answer 1

A = 58,000(1+ .027/4)^4(14)

= 58,000(1.00675)^56

= about $84,535.62

= about $84,536

after 14 years

at 2.7%

compounded quarterly