Given data:
The given principal is P=$3,300.
The given rate of interest is r=3.3%.
The given time is t=20 years.
The expression for the final amount of money is,
[tex]A=P+\frac{P\times r\times t}{100}[/tex]Substitute the given values in the above expression.
[tex]\begin{gathered} A=(3,300)+\frac{3,300\times3.3\times20}{100} \\ =3,300+2,178 \\ =5,478 \end{gathered}[/tex]Thus, the final amount after 20 years is 5,478.
