7749PX8CE: Shawna opens a bank account with $400. The account accrues 8% interest compounded annually.

How much money, to the nearest cent, will she have in her account at the end of 4 years? (Use the formula A=P(1+rn)nt, where P= initial amount of money, r = interest rate, t = the number of years, and n = number of times the interest is compounded per year.)