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Jordon places the amount of $ 925 in a bank savings account today that offers an annual interest rate of 4 % compounded 12 times

Jordon places the amount of $925 in a bank savings account today that offers an annual interest rate of 4% compounded 12 times per year. How much will Jordon have in his account 8 years from today? INSTRUCTIONS: Place your answer in dollars and cents. Do not use a dollar sign or a comma in your answer. For example, if your answer is twenty two thousand eight hundred and one dollars and forty cents, then enter 22801.40. Work out all analysis with a minimum of four decimal places.

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