Question: Use the formula for the amount, A = P(1 + rt), to find the indicated quantity. Where, A is the amount P is the principal

 Use the formula for the amount, A = P(1 + rt),

Use the formula for the amount, A = P(1 + rt), to find the indicated quantity. Where, A is the amount P is the principal r is the annual simple interest rate (written as a decimal) t is the time in years. P = $3,800; r = 12%; t= 2 years; A =? A = $ (Type an integer or a decimal.)

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