# When Brie was born, she received a gift $500 from her grandparents. Her parents put it into an account at an annual yield of 5.2%. Brie is now 12 years old. How much is this gift worth now?

##### 1 Answer

Dec 28, 2015

Now = 918,66

#### Explanation:

We can calculate it using a exponential function:

In this case: