eSoft . Lumen OHM What is the a.. orida State.. Due Mon 06/25/2018 1159 prm A bank features a savings account that has an annual percentage rate of r = 5.996 with interest compounded quarterly. Lindsey deposits $11,000 into the account. ons 1 The account balance can be modeled by the exponential formula A(e) a(+) where Ais account value after t years, a is the principal (starting amount), r is the annual percentage rate, k is the number of times each year that the interest is compounded. (A) What values should be used for a, r, and k? a11000T059 (B) How much money will Lindsey have in the account in 7 years? Answer-$16574.. Round answer to the nearest penny. 5/15 (C) What is the annual percentage yield (APY) for the savings account? (The APY is the actual or effective annual percentage rate which includes all compounding in the year). APY Round answer to 3 decimal places Get help: Video Points possible: 1 This is attempt 1 of 3. Message instructor about this question License