<prompt> Calculate the amount of money in a bank account with an initial 100 deposit and an interest rate of 6, compounded annually  <response>: Certainly! To calculate the amount of money in a bank account with an initial 100 deposit and an interest rate of 6 compounded annually, we can use the formula for compound interest, which is A P1 rnnt. In this case, A is the future value of the account, P is the initial deposit, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.Since you didnt specify the number of years, lets assume you mean 1 year. If the interest is compounded annually, then n 1.Substituting the given values into the formula, we get:A 1001 0.06111A 1001 0.061A 1001.061A 106So, after 1 year, the bank account would have a balance of 106. 