at the beginning of each year for 14 years, Sherry Kardell invested $400 that earns 10% annually. What is the future value of Sherry's account in 14 years

Question

anonymous · Answer

The formula for this  Compound Interest question would be A = P(1 + r)^n,P is the principle, which is the the initial amount you borrow, r is the the annual rate of interest, and n is number of year. So now by getting the basic formula, you will be able to solve the equation.
 Jut substitute, 
A = 400 (1 + 0.10)^14

anonymous · Answer

Did this help

anonymous · Answer

Just concerned :D

anonymous · Answer

it comes up with the wrong answer

anonymous · Answer

At the beginning of each year for 14 years, Sherry Kardell invested $400 that earns 10% annually. What is the future value of Sherry's account in 14 years? 
A. $14,000
B. $12,309 
C. $12,709
D. $13,100