Answer:
$3828 approx
Step-by-step explanation:
Given data
Principal=$2316
Rate= 3%
Time= 17 years
The compound interest formula is
A=P(1+r)^t
substitute
A=2316(1+0.03)^17
A=2316(1.03)^17
A=2316*1.652847
A=$3827.99
Hence the account balance after 17 years is $3828 approx
