Answer:
$539.94
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value = $400
R = interest rate = 2.5/ 365
N = number of years = 12 x 365
$400 x ( 1 + 0.025/365)^4380 = $539.94
answer is -1 according to calculation