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[tex]~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$16000\\ r=rate\to 3.6\%\to \frac{3.6}{100}\dotfill &0.036\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four} \end{array}\dotfill &4\\ t=years\dotfill &20 \end{cases} \\\\\\ A=16000\left(1+\frac{0.036}{4}\right)^{4\cdot 20}\implies A=16000(1.009)^{20}\implies A\approx 19100[/tex]