Answer:
$38,025.04
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 8.4/100
r = 0.084 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 1,200.00(1 + 0.084/2)(2)(42)
A = 1,200.00(1 + 0.042)(84)
A = $38,025.04
