Question: Please solve in simplest way and show work/ formulas [ multi part question] show excel method to solve if necessary. Sarah is placing $500 each
Please solve in simplest way and show work/ formulas [ multi part question] show excel method to solve if necessary.

Sarah is placing $500 each quarter into a special savings account which earns 6% compounded quarterly. When she reaches $10,000 in the account, she will use the money for a down payment on a new car. How long will it be before Sarah has accumulated $10,000? Solution: 17.621 quarters or 4.40545 years or 4 years 148 days
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