A=P(l+r)^n

P=$20,000, r=0.11,n=4 years

End of 4 years, A is

round to nearest cent

Thank you for the opportunity to help you with your question!

For this problem, you can plug in the given values into the equation, then simplify.

A=P(1+r)^n

A=20000*(1+0.11)^4

Simplify what's in the parentheses first.

A=20000*(1.11)^4

Now the exponent

A=20000*1.51807041

Now multiply

A = $30,361.41

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