At the time of her grandson's birth, a grandmother deposits $ 2000 in an account that pays 3.5 % compounded monthly. what will be the value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawals are made during this period?
the value of the account will be =
(round to the nearest dollar as needed.)

At the time of her grandson's birth, a grandmother deposits $12,000.00 in an account that pays 2% compound monthly. What will be that value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawls are made during the period.
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A(t) = P(1+(r/n))^(nt)
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A(21) = 12000(1+(0.02/12))^(12*21)
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A(21) = 12000(1.5214)
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A(21) = #18,257.15