2.9% with interest A bank features a savings account that has an annual percentage rate of r compounded daily. Sam deposits $10,000 into the account. The account balance can be modeled by the exponential formula S(t) = P(1+ r nt where S is n the future value, Pis the present value, r is the annual percentage rate, n is the number of times each year that the interest is compounded, and t is the time in years. (A) What values should be used for P,r, and n? P = r = n = (B) How much money will Sam have in the account in 9 years? Answer = $ Round answer to the nearest penny.

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