Asked by Sydney
                Jan received $2,200 from her aunt as a birthday gift. She decided to put the money in an account to save for college. The account has a fixed interest rate of 7.7%, compounded annually. How much money will be in the account after five years?   
 
            
            
        Answers
                    Answered by
            GanonTEK
            
    F = P(1 + r)^t
F = final amount
P = Principal amount
r = rate (in decimals)
t = time
    
F = final amount
P = Principal amount
r = rate (in decimals)
t = time
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