The formula $A=P(1+\frac{r}{n}{)}^{nt}$ describes the accumulated value, $A,$ of a sum of money, $P,$ the table for a savings account subject to $n$ compounding periods per year.

$\backslash$table$[[\backslash$table$[[$Amount$],[$Invested$]],\backslash$table$[[$Number of$],[$Compounding Periods$]],\backslash$table$[[$Annual Interest$],[$Rate$]],\backslash$table$[[$Accumulated$],[$Amount$]],\backslash$table$[[$Time t$],[$in Years$]]],[$$$10,500,4,4\mathrm{.}75\%,$$$16,000,?$