Mathematics, 12.04.2021 22:00 redthangracing

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?

A.$2,513.00

B.$2,662.50

C.$2,835.56

D.$2,825.00

Answers: 3

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Mr. Garcia deposited $2,500 in a new account at his bank. The bank pays 6.5% interest compounded an...