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Here you invest $400 at the interest rate 7.25% for 7 years. P=principal=$400; r=interest rate as a decimal fraction = 0.0725; t=time= 7 years. Please find the formula for Amount, A, under the topic "compound interest."
You'll need to find the appropriate formula. Look up "compound interest." I'm happy to guide you, but am not going to give you answers without your input.
i need the formula
Please look up "compound interest formula" on the Internet. I'd like to help you develop the ability to find the info you need yourself. I know the formula, but to just give it to you will not help you much.
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