The amount that will be in the account after 30 years, to the nearest cent is to be considered as the $66,646.40.
Calculation of a future value;
Since
The interest rate be like = 7.75%
The time period = 30
The present value = $7,100
The PMT is = $0
Now the following formula is used;
So,
= -FV(RATE,NPER,PMT,PV,TYPE)
After applying it, the future value should be $66,646.40.
Learn more about rate here: brainly.com/question/24546293
