Answer
Chris will have 9237 dollars in the account after 4 years.
Explanation
The total amount of money earned, A, on a particular amount of money (P) after t years, at a compound interest of r%, is given as
[tex]A=P(1+r)^t[/tex]For this question
P = Original amount saved up = 7400 dollars
r = compound interest rate = 5.7%
t = 4 years
[tex]\begin{gathered} A=7400(1+0.057)^4 \\ A=7400(1.057)^4 \\ A=7400(1.248) \\ A=9237.015=9237\text{ dollars} \end{gathered}[/tex]Hope this Helps!!!
