How much would $500 invested at 6% interest compounded monthly be worth after 4 years? round your answer to the nearest cent

1) Compound interest formula:
**
**A = amount, P = principal amount, r = rate, n = # of times interest is compunded every year, t = time(in years)
2) Plug numbers in

3) Solve
A = 635.24458054

Hope this helped! Good Luck!