### Impact of the Compounding Frequency on the Growth of Investments

Provided below is a formula that I already understand, to include finding the answer. P=A(1/(1+r)^n ) = P=(5000)(1/(1+0.08)^12 )≌1985.60 The equation and variables below is similar to the above equation, However, the A is on the sum side. Can someone show me the steps in this process. If the amount invested and th