timothyshumway1
timothyshumway1 timothyshumway1
  • 24-10-2018
  • Mathematics
contestada

John invests $2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years?

• $3,272.50
• $3,281.48
• $5,493.86
• $7,735.00

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Respuesta :

Smartsforthewin
Smartsforthewin Smartsforthewin
  • 24-10-2018

2975✖️.04= 119  

119✖️2.5=297.5

2975+297.5=3,272.50

Answer Link
ashlyngriffin082
ashlyngriffin082 ashlyngriffin082
  • 24-04-2021

Answer:

A: $3,272.50

Step-by-step explanation:

Answer Link

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