Using the library and other sources, research the circumstances behind the trent affair. then, write a 500-word report on your findings.

The Trent Affair was a problem of international scales in which the United States Navy managed to capture two confederate diplomats who were located on a British ship. The British government protested because of this and the people were released because the northerners didn't want to involve Britain in the civil war and didn't want to fight with them. Expand on that idea to get your 500 word essay.

The compound interest formula is A = P(1+ r/n)^(n*t), where,

P is the principal/ initial amount
r is the annual rate of interest (in decimal form)
t is the number of years the amount is deposited/ borrowed
A is the total amount of money accumulated
n is the number of times the interest is compounded annually

In this case, P = $600, r = 0.016, t = 2, n = 1. Substituting these values on the equation, we get the balance in the account after 2 years to be $619.35.