Answer:
A = $552.89
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt). n represents the number of times the interest is compounded per year and r is the interest rate as a decimal fraction.
Here,
A = $400(1 + 0.0325/4)^(4*10)
= $400(1.3822)
A = $552.89
