Bonnie puts \$300,00 into an account to use for school expenses. The account earns 1% Interest, compounded annually. How much will be in the account after 5 years? Use the formula A = P * (1 + r/n) ^ (nt) where A is the balance (final amount), P is the principal (starting amount), r is the interest rate expressed as a dedihal, is the number of times per year that the interest is compounded, and is the time in years. Round your answer to the nearest cent.