Answer:
$13,177.97
Step-by-step explanation:
Compound Interest Formula
[tex]A=P(1+\frac{r}{n} )^{nt}[/tex]
A = final amount
P = initial investment
r = interest rate
n = number of times the rate is applied during a time period
t = number of times the time period has elapsed
[tex]A=8100(1+\frac{.072}{1} )^{(1)(7)} \\A=8100(1.072)^{7}\\ A=8100*(1.626909883)\\A=13177.97006[/tex]
