Compound ing Interest. Plz Help. Help Needed?

Plz provide work, so I can see how the problem is done correctly.TY

Anibal decides to invest $1500 in a savings account at his bank. The bank offers him an APR of 4.2%. Anibal requests the interest to be compounded every minute. His bank agrees on lettiing his interest compound every MINUTE, what will his investment grow to in 1 year and 6 months?(use 365 days in a year) (Answer should contain 2 decimal places)Note the interest is being compounded every MINUTE.

The formula which I used but came out with a ridiculous answer is A=P[1+r(rate)/n(number of times compounded per year)]^(n)(t) Note* t should be in years.

A is the blanace after t (calculated in years, ex 2 years 6 months= 2.5)

P is the beginning principal

r is the annual interest rate

n is the number of time compounded per year.

A=P(1+r/n)^(n*t(in years))

Compound ing Interest. Plz Help. Help Needed?finance

1500*(1.042)^1.5 = 1595.49

Yes, I know you said compounding each minute. But, if the bank is offering 4.2 per year, then the rate they would offer per minute is precisely that rate that would equate to 4.2 per year.