Nick starts a bank account with $1,400. The account earns interest at a rate of 5% per year, compounded annually. If Nick makes no other deposits or withdrawals, how much money will be in the account after 3 years?

To find the answer we will multiply them all together:

$1,400 x 0.05 x 3; they will have an extra $210 in the account.

Then, you will add the additional $210 to the original deposit:

1400+210 = 1610

Thereby, Nick will have $1,610 in his account in 3 years if he doesn't touch it and let interest accrue.

I think the answer is 1610 dollars after 3 years

1400 times 5% is 70 So 70 three time is 210

So 1400+210=1610

So that's how I got my answer

Hope its right, sorry if not.