Question

josslyn placed $4,400 in a savings account which earns 3.2% interest, compounded annually. How much will she have in the account after 12 years? Round your answer to the nearest dollar. Do NOT round until you have calculated the final answer.

Answer 1

Answer:6421

Explanation:

P=4400

r=3.2%

n=1

t=12

f=4400 * (1+3.2/100/1)^12

Answer 2

Answer:80

Explanation: