Answer
$3,619.80
Work Step by Step
The formula is:A=P(1+$\frac{r}{n}$$)^{nt}$
P=3500 which is the start amount
R=0.0675 which is the rate(1.5%) in decimal
N=12 because it is the number of times compounded per year.
T=0.5 which is the time.
Substitute:
A=3500(1+$\frac{0.0675}{12}$$)^{12(0.5)}$
A=3500(1.03)
A=3,619.80
There would be about $3619.80
