Answer
$635
Work Step by Step
The formula is:A=P(1+$\frac{r}{n}$$)^{nt}$
P=500 which is the start amount
R=0.04 which is the rate(4%) in decimal
N=4 because it is the number of times compounded per year.
T=6 which is the time.
Substitute:
A=500(1+$\frac{0.04}{4}$$)^{4(6)}$
A=500(1.27)
A=635
There would be about $635 after 6 years
