Question: 7) The formula S = _(1+ r)t+ 1- 1 models the value of a retirement account, where A = the 7) r number of dollars

7) The formula S = _(1+ r)t+ 1- 1 models the value of a retirement account, where A = the 7) r number of dollars added to the retirement account each year, r = the annual interest rate, and S = the value of the retirement account after t years. If the interest rate is 11%, how much will the account be worth after 20 years if $3000 is added each year? Round to the nearest whole number

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