The formula A=P(1 + r/n)^nt is used to determine how much money will be present if P dollars are invested in an account bearing compound interest n times per year for t years. r is the interest rate expressed as a decimal number. For example, r= 0.25 if the interest rate is 25%. Find the amount of money present after 20 years if $200 is invested into an account bearing 3.2% interest compounded monthly. All work must be shown.