## Elementary and Intermediate Algebra: Concepts & Applications (6th Edition)

$$12960.29$$
Using the equation for interest given in exercise 105 as instructed, we find: $$F=P(1+r)^t \\ F=10400\left(1+0.045\right)^5 \\ F=10400\cdot \:1.24618\dots \\ F=12960.29$$