A grandmother will invest $50,000. for her grandchilds education, P=50,000 The P

Question

A grandmother will invest $50,000. for her grandchilds education, P=50,000 The Principal is P, The rate is r, the number of compounding years is n,t is the time the will be attending college. It is compounded 10 times a year which is n,
P=50000.    t=4    n=10        r=7%
t=4

 F(t)=P(1+r/n)nt

what would be the future value of grandma's investment.
I keep coming up with different answers for some reason I dont know what I am doing wrong.. Can someone show me how to figure this? I need the steps so I can see how it is done.

Explanation / Answer

f(4)=P(1+r/n)^nt=50000(1+.007)^10*4

F(4)66092

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