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Mr. Garcia deposited $2,500 in a new account at his bank.
The bank pays 6.5% interest...
Mathematics, 12.04.2021 21:50 Anahartie
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Mr. Garcia deposited $2,500 in a new account at his bank.
The bank pays 6.5% interest compounded annually on this account.
Mr. Garcia makes no additional deposits or withdrawals.
Which amount is closest to the balance of the account at the end of 2 years?
$2,513.00
$2,662.50
$2,835.56
$2,825.00
Answers: 3
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