Ethan has deposited $954 in a savings account that earns interest at a rate of 1.4% compounded monthly. What will the account balance be in 16 years? (2 points)

The formula is A(1+r)^t A is the initial number in this case 954 r is the rate of whange this is the % put the % into a decimal .014 and t is the time that passes 16 so the formula is 954(1+.014)^16 plug it all into a calculator and get the answer