Answer:
$535.78
Step-by-step explanation:
First find out the annual earnings. So multiply 3.4% by 445
0.034 x 445 = 15.13
That's what the account earns every year. Now multiply it by 6 to know what it'll get in 6 years.
15.13 x 6 = 90.78
Now add that to the initial value.
90.78 + 445 = 535.78
That's the balance in the account after 6 years...
$535.78
