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Problem 9-26 (Algo) Special compounding [LO9-5] Determine the amount of money in a savings account at the end of 4 years, given an initial deposit

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Problem 9-26 (Algo) Special compounding [LO9-5] Determine the amount of money in a savings account at the end of 4 years, given an initial deposit of $7,000 and a 4 percent annual interest rate when interest is compounded Use Appendix A for an approximate answer, but calculate your final answer using the: formula and financial calculator methods. Note: Do not round intermediate calculations. Round your final answers to 2 decimal ploces

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