Answer
$ 3656.38
Work Step by Step
Step 1: The formula used for this question is A=$Pe^{rt}$
Step 2: According to the data in the question, P= 1400, r=8%=0.08 and t=12
Step 3: Substituting these values in the formula, A is found to be 3656.38
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.