Question 898674
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Hi
 In General {{{A(t) = P(1+r/n)^(nt)}}}
A = Accumulated Amount
P= principal = 3500
r= annual rate = .11
n= periods per year = 1
t= years = 1 and then 2
{{{A(1) = 3500(1.11)^(1)}}}
{{{A(2) = 3500(1.11)^(2)}}}