Question: Why am I getting this question wrong? Use the compound interest formula to compute the balance in the following account after the stated period of

Why am I getting this question wrong?

Use the compound interest formula to compute the balance in the following account after the stated period of time, assuming interest is compounded annually. $7000 invested at an APR of 3.2% for 12 years. The balance in the account after 12 years is $ 10, 186.73 (Round to the nearest cent as needed.) X X Try again. If interest is compounded annually, use the formula A = P x (1 + APR), where A is the accumulated balance after Y years, P is the starting principal, and APR is the annual percentage rate expressed as a decimal. OK

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