A bank features a savings account that has an annual percentage rate of r = 3.7%...

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A bank features a savings account that has an annual percentage rate of r = 3.7% with interest compounded daily. Jackson deposits $9,500 into the account. The account balance can be modeled by the exponential formula S(t) = P(1 + 7) r nt where S is the future n value, P is the present value, r is the annual percentage rate, n is the number of times each year that the interest is compounded, and t is the time in years. (A) What values should be used for P, r, and n? P = T= n = (B) How much money will Jackson have in the account in 7 years? Answer = $ Round answer to the nearest penny. A bank features a savings account that has an annual percentage rate of r = 3.7% with interest compounded daily. Jackson deposits $9,500 into the account. The account balance can be modeled by the exponential formula S(t) = P(1 + 7) r nt where S is the future n value, P is the present value, r is the annual percentage rate, n is the number of times each year that the interest is compounded, and t is the time in years. (A) What values should be used for P, r, and n? P = T= n = (B) How much money will Jackson have in the account in 7 years? Answer = $ Round answer to the nearest penny.