Question 1061517
Do you know this formulae: A= P(1+r÷n)^nt
Whereas: p is principle= $1300
         A is final amount= amount of money after 10 years
         R is rate= 5%=0.05
         T is time= 10 years
         N is compoundings per period
A= $1300(1+0.05÷12)^12×10
 = $2141.112347....
 = $2141(nearest whole number)
So,$2141 is the amount of money will be in the acount after 10 years.

Good luck on your study.^_^