Lucinda leaves money in her savings account for 8 years. she started with $800 and earned 3.5% interest compound annually. how much money is in her account?

I think she would have $1,058.07

This is what i found “an explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). it defines the sequence as a formula in terms of n. this example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).” i hope this you for what your looking for. can you plz mark me brainliest?