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Section 4.1 Score: 7/14 11/14 answered Question 12 A bank features a savings account that has an annual percentage rate of r = 4% with

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Section 4.1 Score: 7/14 11/14 answered Question 12 A bank features a savings account that has an annual percentage rate of r = 4% with interest compounded quarterly. Tatiana deposits $8,500 into the account. The account balance can be modeled by the exponential formula S(t) - P(1 + - ) , where S is the not future 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 Tatiana have in the account in 10 years? Answer = $ Round answer to the nearest penny. Submit

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