Step by step: This can be partially solved with the function 590(1.07)^4. Since this is exponential growth, you would use the formula is a(1+r)^x where “a” is the starting amount, “r” is the rate, and “x” is the time. The formula leaves you with about 773.37. Then subtract 590. 183.37 gained with interest.
To be frank, I’m not 100% confident with this answer as the exponential growth formula gave an exact answer of 773.3696459, but it should at least be very close.
