Respuesta :

We know the formula for compound interest

A = P( 1 + r/n) ^ (nt)

where A is the amount in the account

P is the amount invested

r = rate in decimal form

n is the number of times it is copounded per year

t = number of years

A = 381 ( 1 + .012/1) ^ ( 1*11)

A = 381 (1.012)^11

A = 434.42080

Rounding to the nearest cent

A = 434.42